Steven G. Blum

Negotiating Truth Blog by Steven G. Blum

  • Home
  • About
  • Speaking
  • Book
  • Contact

Don’t Choose Between Investments, Buy Them All

November 25, 2014 By Steve

If the expected return from two similar stocks is the same, how should an investor decide in which one to invest? The best answer is she shouldn’t. In most cases, the wiser choice is to buy some of each. The two investments will offer the same theoretical expected return but with … [Read more...]

Filed Under: Finance

Why We Expect Stocks To Outperform Bonds Over Long Periods

June 24, 2014 By Steve

We can anticipate, with great confidence, that stocks will outperform bonds over time.  Or, to use more exacting language, a properly diversified portfolio of stocks will outperform bond investments over long investment periods.  As an empirical matter, this is borne out by … [Read more...]

Filed Under: Finance

Does Financial Advice Come From Givers, Takers, or Matchers?

June 3, 2014 By Steve

My Wharton colleague Professor Adam Grant has offered us a new way of thinking about the people we deal with. In his acclaimed new book Give and Take, he proposes considering the world as made up of “givers,” “takers” and “matchers”.  It is an intriguing set of ideas and is … [Read more...]

Filed Under: Finance

The High Cost of Ignoring Costs

May 13, 2014 By Steve

It is tremendously important, as you negotiate over your investments and other financial matters, that you keep an eagle eye on costs.  After all, one of your most important goals is to maximize the return on your money.  Excessive costs will diminish your outcomes and, over … [Read more...]

Filed Under: Finance

Even Brilliant People Make Investment Mistakes

April 15, 2014 By Steve

Knowing the science of economics and finance, while incredibly helpful and important, is not sufficient to avoid making bad investment choices.  Behavioral economists have been studying various biases that cause us to act against our own best interests.  Even the smartest among … [Read more...]

Filed Under: Finance

  • « Previous Page
  • 1
  • 2
  • 3
  • 4
  • 5
  • …
  • 8
  • Next Page »

About Steve

Steven G. Blum has been teaching in the Department of Legal Studies and Business Ethics at the Wharton School of Business of the University of Pennsylvania since 1994.

In addition to teaching semester-long courses for undergraduate and MBA students, Mr. Blum has taught in Wharton Executive Education programs, lectured and consulted widely, and frequently leads seminars and educational forums. Mr. Blum has five times won the William G. Whitney Award for outstanding teaching.

He holds the degrees of Masters of Laws and Juris Doctor. He also earned a Masters Degree from the Harvard Graduate School of Education, and the Specialization in Negotiation and Dispute Resolution from the Program on Negotiation at Harvard. In addition to teaching and consulting, Steven maintains a practice of law and is a registered investment advisor. He has a strong research interest in the area of ethics and fiduciary duty. His book entitled Negotiating Your Investments was published by Wiley in April 2014.

Negotiating Your Investments: Use Proven Negotiation Methods to Enrich Your Financial Life (Hardcover)

Investing is best understood as a series of negotiations. The ability to conduct that bargaining with skill and confidence is worth a fortune. Read More

Recent Posts

  • The Best Longevity Insurance
  • Cheating With a Charitable Foundation is a Serious Crime
  • Please Don’t Take Your Social Security Benefits Early
  • Stock Investing: The Long Game and the Short Game
  • What The World Needs Now is a New Vanguard

Categories

  • Finance
  • Negotiation
  • Taxation

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

Copyright © 2023 Steven G. Blum · Log in