They should add Myth #5: "Angel Investments have high returns" to their list of myths. Most Angel Investors break even or lose money. Some research does show t

They should add Myth #5: "Angel Investments have high returns" to their list of myths. Most Angel Investors break even or lose money. Some research does show that with a very large number of high quality angel investment opportunities, one could possibly create some alpha, but constructing such a 50+ company portfolio is difficult for almost everyone. There's a reason why Angel Investments are traditionally in the domain of semi-retired bored people with too much money.