I did not know the gentleman but I have read Bill Lyster's superb compilation several times. FTL developed an approach that was great at lesser tracks with mediocre (aka "cheap") horses. In a conversation with Ted, I said you couldn't take FTL's method to Saratoga and bet against Chad Brown. You would have a big hole in your bankroll bucket. It worked great though at the Penn Nationals of our horseracing world. Opportunities are where you find them and FLT found his. I am sorry to hear of his death but as George Harrison said, "All things must pass."
https://www.youtube.com/watch?v=yufsEgTcEOc
https://www.youtube.com/watch?v=o6iaSWSB7rE