Byron Wien’s 20 Life Lessons - Blackstone Private Wealth Solutions

I was scheduled to speak about the world outlook at an investment conference in 2012, and shortly before my time slot, the conference organizer said the audience was more interested in what I had learned over the course of my career than what I had to say about the market. I jotted a few notes down and later expanded and edited what I said that day. Others have since encouraged me to share my thoughts with a broader audience. In the decade since, I have come back to them time and again to test their resonance and staying power, and find them still broadly applicable. Here are some of the lessons I learned in my first 80 years, which I continue to practice as I enter my 90’s. Byron Wien was Vice Chairman of Blackstone’s Private Wealth Solutions group where he acted as a senior adviser to both the Firm and its clients in analyzing economic, social and political trends to assess the direction of financial markets and thus help guide investment and strategic decisions. The views expressed

I was scheduled to speak about the world outlook at an investment conference in 2012, and shortly before my time slot, the conference organizer said the audience was more interested in what I had learned over the course of my career than what I had to say about the market. I jotted a few notes down and later expanded and edited what I said that day. Others have since encouraged me to share my thoughts with a broader audience. In the decade since, I have come back to them time and again to test their resonance and staying power, and find them still broadly applicable. Here are some of the lesso