This Side Up

This Side Up: Do You Know The Way to San…Felipe?

How apt that one of Burt Bacharach's very first hits was The Story Of My Life. Because reading the tributes prompted by his loss a couple of days ago, it turns out that his music was pretty well a soundtrack to the lives of millions who--especially in the Sixties, an era of profound societal tension between materialism and idealism--wanted assurance that the essential bonds of humanity still united them all. He transcended those divisions much as he did musical genres, knowing that the middle-aged hosts of suburban cocktail parties and...

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This Side Up: For This Road, The 'Knight' Will Need Armor

No matter where you start from, the choice on Saturday is the same for everyone: do you head southeast, or Southwest? Okay, if you happen to be in Key West, you'll uniquely have to head a little way north to join the party in Miami. For many of us, however, the compass needle will instead be quivering towards to the GIII Southwest S. The big bucks are obviously at Gulfstream. But it tells you plenty about the inside-out values of this business that even a prize exceeded in the U.S....

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This Side Up: Lecomte Starts a New Cycle

And so we begin anew. The GIII Lecomte S. always warms the heart: it's like noticing the first buds on the bare trees, as the quiet midwinter promise--familiar, expected, miraculous--of another spring to come.

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This Side Up: Lecomte Starts a New Cycle

And so we begin anew. The GIII Lecomte S. always warms the heart: it's like noticing the first buds on the bare trees, as the quiet midwinter promise--familiar, expected, miraculous--of another spring to come. In trees, each new cycle is nourished by past decay: by roots extending into soil enriched by the leaves discarded at the end of the previous one. And actually it's not dissimilar with selective breeding, so that each generation can recycle its speed, stamina, beauty, bravery. The world may be a very different place, on and...

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This Side Up: Style And Substance To Light Up Cigar

Strictly, it's the very reverse of what he's doing—which is actually to revert from two turns to one. In a sense, however, the return of Zandon (Upstart) to Aqueduct on Saturday will bring things full circle. For it was on the equivalent card last year that he began what has turned into a pretty frustrating sequence of races where, for one reason or another, he arguably hasn't quite realized his full potential. When you consider that these include the GI Kentucky Derby itself, that shows how much raw ability he...

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This Side Up: A Game of Accident and Design

We can harness Thoroughbreds to our best and worst, to our altruism or avarice--but thankfully we will never alter the essential, inherent wonder of the breed, nor maintain the illusion that we are ever truly in control of its destiny. There's a genuine possibility, this weekend, that a German colt could elevate himself to the top of the global sophomore crop by winning the G1 Japan Cup. Yet Tünnes (Ger) (Guiliani {Ire}) was a wholly inadvertent acquisition at the Baden-Baden yearling sales, his purchaser having dropped out at €20,000 only...

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This Side Up: Where the Ice of Fashion Melts

What do these stallions have in common: Competitive Edge, First Samurai, Include, First Dude, Majesticperfection, Midnight Lute and Noble Mission (GB)? Okay, so you could also add A.P. Indy, Into Mischief, Lope de Vega (Ire), Medaglia d'Oro and Quality Road to the mix. But you would hope so, too, if you happen to be one of those highly paid advisors who tell their patrons that the only way to start a breeding program is with most expensive covers around. Because these are the dozen sires responsible for mares that made...

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This Side Up: Billion Dollar Babies are Here

It's a long time now, some 40 years or so, since Nelson Bunker Hunt's notorious observation that "a billion dollars isn't what it used to be". Which presumably means that today it's no longer even quite what it was, back when it wasn't what it used to be. After all, we've just seen the dispersal of a single art collection--assembled by the late Paul Allen, co-founder of Microsoft--realize $1.5 billion. Nonetheless it feels as though the transatlantic yearling market, in 2022, has reached a pretty historic landmark in tipping 10...

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This Side Up: Would this Really Be Such a Stupid Gamble?

"Now why did I do that?" For some of us, the more painful that question becomes, the easier the answer. It'll be right there in that empty bottle, greeting you on the table in the morning. For those of you whose conduct has more complex influences, however, apparently there's a handy publication out there called The Journal of Behavioral Decision Making. And you thought horse pedigrees were a niche interest. In a recent edition, researchers from the universities of East Finland and Liverpool crunched data from 15,000 Finnish men commencing...

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Higher Stakes But No Less A Gamble

Well, that was one even I managed to see coming. With sterling bleeding at the bottom of the stairs, the most expensive yearling transaction of 2022 was duly enacted at Tattersalls this week. It was always going to be a wild market: Keeneland had shown the big spenders to remain impervious to war and inflation, while the local currency had been set aflame after new leaders sent home the babysitter and started playing with fiscal matches.

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This Side Up: Higher Stakes But No Less Of A Gamble

Well, that was one even I managed to see coming. With sterling bleeding at the bottom of the stairs, the most expensive yearling transaction of 2022 was duly enacted at Tattersalls this week. It was always going to be a wild market: Keeneland had shown the big spenders to remain impervious to war and inflation, while the local currency had been set aflame after new leaders sent home the babysitter and started playing with fiscal matches. Sure enough, Book I catapulted to giddy new heights, recording surges of 45 percent...

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Arc Only One End of the Rainbow

Even in a market like this one, weirdly insulated from economic and geopolitical chaos, trading Thoroughbreds will always remain a precarious business. Speculators never hesitate, then, to pounce whenever the odds appear skewed temporarily in their favor. Sure enough, with the dollar squeezing other currencies dry, around one in eight of the yearlings sold at the Goffs Orby Sale this week is said to be heading to the U.S.; and they'll have plenty of company out of Tattersalls next week.

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