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Archive of entries posted on 15th January 2016

Predictions suck. Or do they?

Bryon Wien is Blackstone’s vice chairman. He’s been making predictions at the beginning of each year for 30 years. Sometimes he’s right. A reader asked what I thought about Wien’s 2016 predictions — given that his last year’s predictions were wrong. I replied: His wrong predictions for 2015 are irrelevant today. The question for all […]