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Byron Wien, Renowned Wall Street Analyst of Surprising Predictions, Passes Away at 90

By the time Byron Wien reached the age of 80, he had compiled “20 Life Lessons” from his extensive career as a Wall Street predictor. He firmly believed in “never retire” as his 20th lesson, claiming that working forever could lead to living forever. He continued to stay engrossed in reading the economic trends until his passing at the age of 90 on October 25. Mr. Wien was known for calling politicians, central bankers, and financial leaders around the world to gather intelligence for his strategic reports for his employer, the private equity firm Blackstone. He was incredibly curious and always sought knowledge, according to Joan Solotar, the global head of the private wealth division at Blackstone.

He was a well-known figure in the financial news media, being the author or co-author of the popular annual forecast “Ten Surprises” for 38 years, which aimed to anticipate trends in markets, politics, and world economies. While some of his predictions turned out to be accurate, such as the bullish call for a 12 percent surge in the S&P 500 in January 2017, not all of them were on point. His win-loss record was not his priority; he aimed to “stretch people’s thinking.” Despite this, his annual lists were not popular in his own home, as he once mentioned in an interview with The New York Times in 2001.

Before joining Blackstone, Mr. Wien served as the chief U.S. strategist for 21 years at Morgan Stanley and was widely recognized for his work. Despite initial skepticism, he introduced the idea of an annual list of surprising predictions to set himself apart from other strategists. He later joined Pequot Capital Management before moving to Blackstone in 2009, where he published his takeaways from debates he organized over summer lunches with famous investors. He was known to lead these discussions like a master class, as per Stephen A. Schwarzman, the chairman of Blackstone.

Byron Richard Wien was born on February 14, 1933, in Chicago, and had a significant impact on Wall Street with his remarkable career. Throughout his career, he continued to seek knowledge and was always curious about the financial world. His work and influence made him a notable figure in the financial industry.

He will be remembered for his profound insights and his unique approach to predicting market trends, politics, and world economies. His contributions have left a lasting impact on the financial world and his legacy will continue to inspire future generations.

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