John Kimmel had $25,000, and wanted an Exclusive Native filly. But he had to pass up his first choice, at Fasig-Tipton in 1978, after she went to $32,000. She turned out to be Genuine Risk. A first experience to put most people off, right? Kimmel gives a wry chuckle and shakes his head. "I'd have been ruined," he says. "I was a sophomore in vet school. Can you imagine? I'd have been wrecked." As it was, he had proved his eye. He continued absorbing the bittersweet lessons routinely dispensed by...