Georges Doriot was born in Paris in 1899. He briefly served as an officer in the French army during World War I, before finishing his degree in 1920. He moved to America to do an MBA at Harvard Business School. He dropped out after a year to work on Wall Street, but in 1925 returned to Harvard as an assistant dean.
During World War II he served in the army as a quartermaster, rising to the rank of brigadier general. In 1946, he founded venture capital fund American Research and Development Corporation (ARDC), which he ran until 1971.
What was his strategy?
Did this work?
What were his biggest successes?
What are the lessons for investors?
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
-
Barclays warns of significant rise in social media investment scamsInvestment scam victims are losing an average £14k, with 61% of those falling for one over social media. Here's how to spot one and keep your money safe
-
Over a thousand savings accounts now offer inflation-busting rates – how long will they stick around?The rate of UK inflation slowed again in March, boosting the opportunity for savers to earn real returns on cash in the bank. But you will need to act fast to secure the best deals.
