His annual “Ten Surprises” list, which he wrote for 38 years, was required reading on Wall Street.
Byron Wien, noted investor whose annual"Ten Surprises" list became required reading on Wall Street, has died at age 90.
His death was reported by Blackstone, where he spent the past 14 years, and was most recently vice chairman of its private wealth solutions business.for 38 consecutive years, which was considered a must-read by many on Wall Street. In his most recent list, he predicted a bottom for financial markets would arrive by mid-2023, followed by a drastic rebound.
Wien said a"surprise" was an event that the average investor would assign only a 1-in-3 chance of happening but that he believed is"probable" with a more than 50% likelihood of taking place. Shoppers have choices when it comes to payment plans. Here's how to pick between buy now, pay later and retail credit cards"Byron's life was remarkable in so many ways," Steve Schwarzman and Jon Gray wrote in an internal note sent to Blackstone."Orphaned at a young age, he began working at 15, graduated from Harvard and led a successful career on Wall Street that spanned many decades."on Wall Street in 2006.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Whitehaven hits out at dissident investor's 'failure' after BHP mines dealAustralia's Whitehaven Coal has submitted an application to the country's Takeovers Panel alleging its shareholder, Bell Rock Capital, failed to disclose relevant interest it holds in the coal miner. Bell Rock, a London-based hedge fund and a minority investor in Whitehaven, had previously vocalised against the miner's decision on the recent $4.
Read more »
Whitehaven hits out at dissident investor’s ‘failure’ after BHP mines dealNo 1 source of global mining news and opinion
Read more »
Lil Wayne joins Major League Pickleball team as investor and advisorLil Wayne is expanding his connection to the world of sports.
Read more »
Endeavor Investor Silver Lake Wants To Take Company PrivateUPDATED with Silver Lake statement: Possible future paths for Endeavor just narrowed down quite a bit as giant tech and media investor Silver Lake, which is Endeavor’s largest shareholder, said it …
Read more »
Dirk Nowitzki’s new life as an investor returns to DallasDallas Mavericks Hall of Famer Dirk Nowitzki spoke with The Dallas Morning News at the recent Venture Dallas conference, an event that brings entrepreneurs...
Read more »
Grid Investment Red Flags From Global Investor GroupWhat metrics should an investor consider when evaluating whether a grid investment was a good idea in a country or not?
Read more »