Richard Donchian, Date of Birth, Place of Birth, Date of Death

Richard Donchian

American businessman

Date of Birth: 01-Sep-1905

Place of Birth: Hartford, Connecticut, United States

Date of Death: 01-Apr-1993

Profession: businessperson, economist

Nationality: United States, Armenia

Zodiac Sign: Virgo

Richard Davoud Donchian (born September 1905, Hartford, Connecticut – April 27, 1993) was an American commodities and futures trader, and pioneer in the field of managed futures. The first publicly managed futures fund, Futures, Inc., was started in 1949 by Richard Donchian.
He also developed the trend timing method of futures investing and introduced the mutual fund concept to the field of money management. Richard Donchian is considered to be the creator of the managed futures industry and is credited with developing a systematic approach to futures money management.
His professional trading career was dedicated to advancing a more conservative approach to futures trading.