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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Dr Matthew Partridge

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