This one brings back a very unpleasant memory.
One of the problems when you buy a horse privately is that vets\' first concern is to cover their asses-- they report everything they see, meaningful or not. If you are a layman a lot of it sounds scary, but if a pro (meaning a trainer, preferably one who has worked with that vet before) looks at the same info and talks to the vet it may be completely benign.
A few years ago I found a fast maiden at Turfway (ran a 6 1/2 going long in his second start), the bloodstock agent got the owners to agree to a price of 55k, and I recommended him to a new client that Eliot Walden had sent me. We got a deal signed, and Doc Baker (a top guy who did all the Prestonwood work) vetted him. The owner decided to read the vet report himself, and killed the deal.
A few days later that gelding, still a maiden, won a 100k stake. Baker heard that and called Eliot to congratulate him, only to find out we didn\'t buy him-- to which Baker said \"Whaaa? That guy didn\'t buy that horse\"?
Anyway, that was Brass Hat. I think he earned close to 4 million, and beat horses I was involved with (including Super Frolic) several times.