KATSUMI Yoshida paid one million dollars at the Keeneland November Sale in 2016 for the Vindication (Seattle Slew) mare Dust And Diamonds. It has since proven to be a most wise investment. She was sold in foal to Pioneerof The Nile (Empire Maker), and four years earlier Dust And Diamonds had been sold at the end of her racing career for $900,000.

At the time of her sale to Mr Yoshida, Dust And Diamonds’ first offspring, a then two-year-old daughter Legallini (Hard Spun) had run once and been unplaced, though she went on to win that year. She also had a yearling filly (Amada Rafaela (Distorted Humor) who won at three) and colt foal on the ground, and the latter, by Pioneerof The Nile, sold for $600,000 at the same sale. At the time it appeared that Mr Yoshida had bought well, but time has shown that he did very well indeed.