Byron Wien's Atrocious "Forecasting" May Have Cost Blackstone Hundreds Of Millions

A chief economist for a major hedge fund is 0 out of 10 for his 2010 forecasts.  For once, he gets one concept correct, and ultimately loses one of his firm's biggest clients as a result of speaking the truth.  This scenario is so wrong on so many levels.

http://www.zerohedge.com/article/byron-wiens-atrocious-forecasting-may-have-cost-blackstone-hundreds-millions

2010 forecasts from Pollitt

http://www.gata.org/files/MurrayPollittLetter-01-06-2010.pdf