Are pony names really that strange?

Every now and then you'll see a crossover or HIE story where the introduced characters will mention how strange it is how ponies are named with common words instead of "name-y" names. This is incorrect, and presumptive, as human names also follow the same pattern. The only difference is that foreign names in our world tend to be transliterations instead of translations. So I've taken the initiative to translate some famous human names from classical languages into "pony-like" word pairs:

Elizabeth -> Hebrew "My God has sworn" -> Idiomatically "Divine Oath"(Coincidentally the name of a race-horse).
Hippocrates -> Greek "Horse Power"(That was quite straightforward)
Lauren Faust -> Latin lauren "laurel tree" and faustus "Lucky" -> idiomatically "Lucky Prize"