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The world’s largest hedge fund, Bridgewater Associates, was founded by Ray Dalio in 1985. Dalio sits as the co-chief investment officer managing roughly $150 billion in assets under management.
Meanwhile, Charlie Munger is the chairman of newspaper publisher Daily Journal Corporation (NASDAQ:DJCO) and sits on the board of retailer Costco Wholesale (NASDAQ:COST). Munger also holds a vice chairman seat on Berkshire Hathaway (NYSE: BRK-B), controlled by Warren Buffett — his closest partner and friend.
Here are two dividend stocks Charlie Munger’s Daily Journal and the world’s largest hedge fund share in common.
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See Also: The Smartest Person Munger Ever Met, And It's Not Buffett