According to Bespoke Investments, betting at the track isn’t the only way to win/lose money on the Kentucky Derby. Buying CHDN (Churchill Downs) the week before the derby has yielded a +1.77% return.
About Post Author
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds. Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances. He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.