In my opinion, you're better off having an overnight horse who can race at Yonkers and run 30 times a year and win $100,000 or more. Training costs are expensive, and the high-profile ones charge more. Buying yearlings is a crapshoot and an expensive one. Andrew Harris did well when his stable was overnight horses , but it's totally different training and managing young horses, some trainers do well, others, not so well..
Agree with you, GH, re racing overnights at YR, but grossing 100k probably gives you just a 15k profit, and you have to get over the hurdles of being OK’d to race there, plus competing against all the druggies.