4yo horses are immature?! You claimed to be an expert in goggling but I'll make it easy for you...please behave...
What age is a racehorse at its best?Although some of the most prestigious races are confined to three-year-olds, generally Flat racehorses tend to be at their peak aged four or five. Jumps horses generally don't start racing until they are four and their careers tend to go on much longer, until they are 12 or sometimes older.All about the Thoroughbred | The Jockey Clubthejockeyclub.co.uk
And a good company runs for decades
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-40
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