I agree with you 100%
Owning a good male isn't really necessary ... because you can always breed your key female to a good male.
Owning a truly good, truly prepotent
female is worth its weight in gold ... because you have a lot more choices with her
and total control over what pups you keep.
Even if you have a great stud, you still need to buy females to have something to breed him to.
Even if you offer "pups back" stud service, not everyone with a great bitch is going to select "your male" to breed her to, so you don't have any real control over what bitches come your way, you can only pick from the available options.
By contrast, if you have the best, most ideal female you can possibly get, you have
total control over what you breed her to
and which pups you'll be keeping.
Therefore, if given an "either-or" situation, I would always choose getting the best brood bitch I possibly can over "the best stud" ... because I can create the best studs with my bitch through my intelligent breeding choices.
In fact, that is exactly how I created my best stud ever, Poncho, by buying his mama and breeding her to Ch Hammer.
That is how Hollingsworth bred all those great dogs, and how Boyles created all of his best studs, by taking their key
foundation bitches to the stud dogs of their choices
Jack
.