Byron Wien
Byron Wien
Byron Wienis an American investor and vice chairman of Blackstone Advisory Partners, a subsidiary of The Blackstone Group...
analytical deciding harder people places stocks taking
People are taking a much harder analytical look at these stocks and are deciding that there are better places to make money.
announced astray bit bullish committed positive preference promise pull surprises turns year
Don't think I'm copping out. I'm committed to the positive set and if the year turns out negatively, I promise not to pull out the bearish surprises and say I had the right idea all along, but just went a little bit astray when I announced my bullish preference in January.
days earnings feeling good line market next percent performance returns settling year
We are going to have another good year next year, but my feeling is that the days of 15 to 20 percent or even better returns are over. So we are settling back to where the performance in the market is going to be more in line with earnings growth.