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Johnson believed that funds should invest in common stocks that were traded heavily.
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Get a custom biography on Edward Johnson: His Life, Career, and the Influence on Typography.
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Edward C. Johnson 2d, founder and former chairman of the board of the Fidelity Management and Research Company, died Monday at Cataumet, Mass., of Alzheimer's .
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Edward C. Johnson II founded Fidelity Management and Research Company in and managed the firm until when he handed over the reins to his son.