The world’s greatest investors: Richard Driehaus

Richard Driehaus is credited with inventing the idea of momentum investing, while taking the fundamentals into account.

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Richard Driehaus: momentum investor

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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