The world’s greatest investors: Richard Driehaus
Richard Driehaus is credited with inventing the idea of momentum investing, while taking the fundamentals into account.
Driehaus was born in 1942 in Chicago. Frustrated by his father's inability to afford a home in an upscale suburb, Dreihaus developed an interest in investing. After graduating from DePaul University in 1965, Driehaus worked in a brokerage firm. The popularity of his recommendations meant that he was quickly put in charge of a fund run for the fund's employees. He subsequently set up a series of research firms, a hedge fund and a mutual fund.
What was his strategy?
Did it work?
What was his best trade?
What lessons does he have for investors?
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Matthew graduated from the University of Durham in 2004; he then gained an MSc, followed by a PhD at the London School of Economics.
He has previously written for a wide range of publications, including the Guardian and the Economist, and also helped to run a newsletter on terrorism. He has spent time at Lehman Brothers, Citigroup and the consultancy Lombard Street Research.
Matthew is the author of Superinvestors: Lessons from the greatest investors in history, published by Harriman House, which has been translated into several languages. His second book, Investing Explained: The Accessible Guide to Building an Investment Portfolio, is published by Kogan Page.
As senior writer, he writes the shares and politics & economics pages, as well as weekly Blowing It and Great Frauds in History columns He also writes a fortnightly reviews page and trading tips, as well as regular cover stories and multi-page investment focus features.
Follow Matthew on Twitter: @DrMatthewPartri
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