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As the world deals with the ongoing economic crisis, Thoroughbred owner and breeder Larry Goichman can rely on an old racing adage in these tough times: no one has ever committed suicide if they have a promising 2-year-old in the barn. After all, it was that sentiment that got him into the industry in the first place.
In 1987, the economy was also experiencing turbulent times, particularly when it came to the real estate market. Goichman was a developer, and as a
result was having issues at work, but his wife, Jennifer, thought of a clever way to cheer him up.
“We had two houses that were coming on the market for a lot of money, and the market crashed and we were in deep trouble,” said Goichman, who is now
64. “We were at a wedding, and I was kind of whining. We were circulating, and my wife ran into an accountant who was setting up horse partnerships. She
said, ‘You better talk to my husband because he is kind of depressed and feeling bad about this real estate, and he’s always wanted to be involved with horses.’ ”
Goichman’s love affair with animals, and horses in particular, had begun long before that fateful encounter. He went to Cornell University to study veterinary
medicine, but somewhere along the way changed his mind and went into agricultural economics instead.
Ultimately, he went to New York University for his master’s degree and currently runs two businesses—a leasing company and a real estate company. But
even though he changed his mind about veterinary practice, Goichman still was interested in working with animals, and the accountant at the wedding provided him with an entry into the Thoroughbred industry.
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