Posts Tagged 'Wisdom of Crowds'

The Wisdom of Crowds of Angel Investors

July 7 2011 8 Commented

In 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 […]