In February 2006, at Calder in Florida, Irish vet Demi O'Byrne, bidding for a syndicate from Coolmore Stud, shattered the record price for a thoroughbred set more than 20 years earlier when paying $16 million for a two-year-old colt by Forestryhe youngster was named The Green Monsignificant and, as with Seattle Dancer, who set the previous benchmark of $13 million, the Maktoum family of Dubai were underbidders to John Magnier's teamot much had changed, it seemed, during the intervening periodoolmore had continued to grow in scale, although nowadays it has a rival bidding to generate a global stallion operation, in the shape of Sheikh Mohammed's Darleyhilst John Magnier, now 61 years of age, remains fairly much at the helm of Coolmore - indeed he is now proprietor of the vast stud operation as well as the Ballydoyle training stables - most of the other one-time significant players have either taken a back seat or passed awayobert Sangster died after battling cancer, and the now elderly ... [Read More - How To Learn Investing]
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