Byron Wien Dies At 90 After Legendary Wall Street Career

Byron Wien, former chief U.S. investment strategist at Morgan Stanley, died Wednesday at the age of 90.

Wien was still working on Wall Street, serving as a vice chairman in Blackstone’s private wealth business up until his death, Bloomberg reports.

Wien earned a name for himself on Wall Street by making bold predictions, and he was usually right. During his 21-year tenure at Morgan Stanley he was named the #1 strategist in the country by Smart Money.

New York Magazine said that he was one of the most influential people on Wall Street in 2006. 

Wien was a graduate of Harvard Business School and served two years in the U.S. military. After his service, Wien traveled to Nigeria for a consulting job, which he credits to changing his life. Following his trip to Nigeria, Wien maintained a lifelong passion for travel and aiding the developing world. 

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Wien published an annual list of “10 surprises” in which he predicted 10 things that would shock the business world that year. Some years, Wien got as many as seven or eight of the predictions right, he said.

At first, Morgan Stanley did not like the “10 surprises” idea, as the company worried that it would result in a bad impression if none of the predictions ended up coming true. But, over time and through many correct predictions, Wien’s list started to get more and more attention. 

In 1995, Wien co-authored a book with George Soros called "Soros on Soros - Staying Ahead of The Curve." Wien also served on the board of a number of organizations, including the Pritzker Foundation as well as the Open Society Foundation. 

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Image created using artificial intelligence with MidJourney.