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Investing According To The Wisdom Of The Crowd

2016-05-22 free stock photos“It may be counterintuitive. But groups of people are scientifically proven to be more intelligent than their smartest members in answering questions, problem-solving and even foretelling the future.” Today’s article examines the “CrowdInvest Wisdom exchange-traded fund (WIZE) [which] aims to use the wisdom of the crowd by investing in stocks and weighting them based on public sentiment collected from an iPhone app”, and features an interview with its founder and CEO. How exactly does the WIZE ETF work? How has it performed relative to the S&P 500? How might it benefit investors’ portfolios, and what risks does it entail? CLICK HERE to read more.