NEW YORK (HedgeWorld.com) - Many of the bold predictions made for the New Year by Byron Wien, the chief investment strategist at Westport, Conn.-based hedge fund Pequot Capital Management, turned out to be true.

Since 1986, Mr. Wien, a former Morgan Stanley strategist, has been publishing his annual list of "Ten Surprises," a collection of matter-of-fact predictions of market, economic, and political occurrences in the New Year. A veteran banker and now a hedge fund strategist at Pequot, a firm run by Arthur Samberg, Mr. Wien was the recipient last month of the Lifetime Achievement Award of the New York Society of Security Analysts.

"When I joined Pequot in 2005, my wife was really ...

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