Late Richard Driehaus was a hedge fund veteran known for his focus on growth investing. His preferred strategies were impact and growth investing, and one of his thoughts was that stocks that are on the steep rise have the potential to move even higher. Like many of his value investor counterparts, he didn't believe in investing in cheap stocks hoping for their turnaround.
Driehaus founded Driehaus Capital Management in 1982 on the cornerstones of growth and momentum investing, combined with an active management system. During the eighties the fund was a major success, delivering about 30% annual gains and...