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.