They say actions speak louder than words. The public is taking action by wagering less on horse racing. And those actions are speaking loudly. Data released for the third quarter of 2008 reveals that handle in the United States and Canada dropped sharply, 9.85%, during July, August, and September, and...

Financier Warren Buffett once said there is only one certainty about the stock market: It will fluctuate. In fact, all markets vacillate, and the business trends of buying and selling Thoroughbreds are certainly among them. The difference is the stock market tends to react quickly to news while the Thoroughbred...

Based on Reports of Mares Bred, The Jockey Club recently announced its projection of the foal crop of 2009 as 35,400, which would represent a 3.3% decline from the estimated 36,600 foals of 2008. Many believe the foal crop should be much smaller. Consider this quote from pinhooker Eddie Woods, speaking...

Just three months after it was announced he was being pensioned, Storm Cat was represented by the top price Aug. 5 at the Fasig-Tipton Saratoga yearling sale. How fitting. The success enjoyed by the 25-year-old son of Storm Bird is obvious. Storm Cat made Overbrook Farm what it is today because he has...

Alice Chandler has no intention of shooting craps in a fancy, glitzy casino. Wouldn’t be the same. Now 82, she harkens back to her youth when she would try to make her point in a tack room with the men on her dad’s Beaumont Farm. She loves recalling how at the tender age of 10, she won $600 and Triple...