The Wisdom of Crowds of Angel Investors

n 2004 James Surowiecki, New Yorker business columnist, wrote the Wisdom of Crowds which recognizes that the opinions of groups is routinely more accurate than those of most individuals in the group. In particular, the author demonstrates that large crowds consistently outperform experts within the group in decision-making. I sense that the Wisdom of Crowds defines a winning strategy for angel investors, especially those who are members of angel funds.

Bill Payne

Full Story: http://billpayne.com/2011/07/07/the-wisdom-of-crowds-of-angel-investors.html