Olivier Carli

DEAUVILLE, France—The Life Of Brian anthem 'Always look on the bright side of life' is one that could easily be adopted by the bloodstock industry. There have been crises in the past—in modern times perhaps none so all-pervading as the one we currently face—but, extraordinarily, the horse traders as a collective always bounce back, even if some individuals are lost from the merry band along the way. Merry would be too strong an adjective to describe the current mood on the Arqana sales grounds but, amid the nervousness of some...