Charles T. Munger, who is also vice chairman of Berkshire Hathaway, is the former chairman and a current director.. Publishing business. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. Daily Journal Corporation does important work for courts and the legal community, and I look forward to being part of helping chart our ongoing course to maximize the potential of our reputation, technology and capital.. Stan Perlmeter still invests his own account. Source: FactSet, Markets Diary: Data on U.S. Overview page represent trading in all U.S. markets and updates until 8 p.m. See Closing Diaries table for 4 p.m. closing data. What Is the Standard Deduction for People Over 65 in 2023? Charlie Mungers Firm Doubles Down on Alibaba Investment. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. March 28, 2022 07:00 ET | Source: Daily Journal. As of June 30, 2010, The Daily Journal Corporation had cash and equivalents of $4,475,000 and US Treasury Notes and Bills of $10,639,000. Daily Journal ( NASDAQ: DJCO) appointed Steven Myhill-Jones as its new Chairman and interim CEO, effective today, succeeding Gerald Salzman as CEO who is retiring after his 44+ years of dedicated . Heres Why. Who soothes. Form 10-Q for the Quarter Ended December 31, 2013 . Who departs. Daily Journal Corporation. . Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. Daily Journal Corp publishes newspapers and web sites covering California and Arizona and produces several specialized information services. President. 19 % Approve of CEO. He remains the Company's Chief Executive Officer, President, Chief Financial Officer and Treasurer. Who is bad. --Daily Journal Corporation is pleased to announce that Steven Myhill-Jones has been selected as the company' s new Chairman and Interim Chief Executive Officer effective today. Who sees red. Who obeys. Who recovers. Journal Technologies, Inc. is a wholly owned subsidiary of the Company. Data may be intentionally delayed pursuant to supplier requirements. Of those seven, Walter Schloss, Tom Knapp, and William Ruane have departed on that Last Train to Graham & Doddsville. On average, employees at Daily Journal stay with the company for 4.4 years. Gerald L. Salzman served on the Companys Board of Directors from 1986 until December 2021. Have a noteworthy news item, verdict, or settlement? The Journal Technologies segment provides case management software and related services to courts and other justice agencies. Daily Journal Corporation offers legal software and services to US courts and other justice agencies, including browser-based case processing systems (eCourt, eProsecutor, eDefender, and eProbation) and electronic filing and payment tools (eFile, ePayIt). Value investors know Warren Buffetts classic retort to efficient market theory, The SuperInvestors of Graham and Doddsville. It originally took the form of a speech he gave at Columbia business school on the 50th anniversary of the publication of Graham and Dodds Security Analysis. Daily Journal Corporation is a leading newspaper publisher with about a dozen papers serving markets primarily in California. FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use; and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. It consists of the combined operations of Sustain Technologies, Inc., established in the mid-1980s and acquired by the Daily Journal Corporation in 1999; New Dawn Technologies, Inc., acquired in 2012; and ISD Technologies, Inc., acquired in 2013. If efficient market theory were correct in claiming that all available information is priced into stocks, leaving the market price as the best estimate of true value, Buffett wondered how value investors had managed to beat the market by such wide margins. Legendary investor and polymath Charlie Munger, Berkshire Hathaway's vice-chairman and Warren Buffett's long-time business partner, headlined the Annual Meeting of Shareholders of the Daily Journal Corporation in Los Angeles on Wednesday.For nearly two hours, Munger, chairman of the Daily Journal's board, and Jerry Salzman, the company's CEO, fielded shareholder questions about topics ranging . Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. Mr. Salzman is retiring after more than 44 years of dedicated and . And he did it all. . Who suffers. 95-4133299 (State or Other Jurisdiction (Commission File No.) Journal Technologies, Inc. is a wholly owned subsidiary and supplies case management software systems and related products to courts and other justice agencies. Who is chief. Who prompts. Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. A director, President, CEO and CFO, said Mr. Munger. listens before the Daily Journal Corp. shareholder meeting in Los Angeles, California, U.S., on Thursday, Feb. 14 . Latitude (now VertiGIS) grew to a global client base of 1,400 clientsfrom small municipalities to Fortune 500 companies and the United Nationsbefore being acquired in 2017. . Chief Financial Officer. 18% of Daily Journal management is Hispanic or Latino. Mr. Myhill-Jones is a Canada-based technology executive, entrepreneur and investor. The company also held corporate . Who loses. His ability to wear so many hats was a crucial part of what helped our little company grow, evolve and expand. Today, Wells Fargo sells for $58 a share, and Daily Journal owns about $90 million worth. Who is hostile. Who assists. Charles T. Munger purchased the paper in 1977 and through a series of acquisitions and organic growth built it into a group of newspapers and websites that provide information on the legal industry, real estate and general business. Latitude (now VertiGIS) grew to a global client base of 1,400 clientsfrom small municipalities to Fortune 500 companies and the United Nationsbefore being acquired in 2017. Who is big kahuna. The meeting was held on February 24, 2021. Wenn Sie Ihre Auswahl anpassen mchten, klicken Sie auf Datenschutzeinstellungen verwalten. Hes whip smart and full of energy, said Mr. Munger. Again. At the age of 97, Charlie Munger wasnot surprisinglysharp as a tack. Who leaves late. The Daily Journal newspapers have won numerous awards for its journalism, with the Los Angeles Press Club in 2003 noting that the Los Angeles Daily Journal was "the most award-winning newspaper in Los Angeles with the sole exception of the Los Angeles Times."[5]. Who is honored. International stock quotes are delayed as per exchange requirements. We disclaim any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments, or otherwise. Who is hero. Daily Journal Corp. engages in the publication of newspapers and websites covering California and Arizona. Journal Technologies has distinguished itself in the market with a browser-based case management system that is a highly configurable business processing engine that is the centerpiece for document management and e-filing. Si vous ne souhaitez pas que nos partenaires et nousmmes utilisions des cookies et vos donnes personnelles pour ces motifs supplmentaires, cliquez sur Refuser tout. The company was founded on December 31, 1969 and is headquartered in Los Angeles, CA. California's largest legal newspaper. The Daily Journal is a legal publisher in Los Angeles, spun out in 1986 as a public company from a closed-end fund Munger and Guerin owned. Who crumbles. The major types of public notice advertisers are real estaterelated businesses and trustees, governmental agencies, attorneys and businesses or individuals filing fictitious business name statements. Munger says the company is now a venture capital-type situation. The Rest of the Portfolio. Who fights for honor. Certain statements contained in this press release are forward-looking statements that involve risks and uncertainties that may cause actual future events or results to differ materially from those described in the forward-looking statements. We use cookies and browser capability checks to help us deliver our online services, including to learn if you enabled Flash for video or ad blocking. Daily Journal Corporation publishes newspapers and web sites covering California and Arizona, and produces several specialized information services. We are a source of information, inspiration and motivation for the world's most successful leaders, executives, investors and entrepreneurs. Crypto? Pour en savoir plus sur la faon dont nous utilisons vos donnes personnelles, veuillez consulter notre politique relative la vie prive et notre politique en matire de cookies. LOS ANGELES, March 28, 2022 (GLOBE NEWSWIRE) Daily Journal Corporation is pleased to announce that Steven Myhill-Jones has been selected as the company's new Chairman and Interim Chief Executive Officer effective today. The courts in the United States and around the world carry out incredibly important work that is crucial to civilization. Who has to go. Roseman Wagner Wealth Management is currently the largest shareholder, with 18% of shares outstanding. The most common ethnicity at Daily Journal is White (64%). Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. LOS ANGELES, March 28, 2022 (GLOBE NEWSWIRE) -- Daily Journal Corporation is pleased to announce that Steven Myhill-Jones has been selected as the companys new Chairman and Interim Chief Executive Officer effective today. She will also continue as the companys Secretary. DAILY JOURNAL CORPORATION (Exact Name of Registrant as Specified in its Charter) SOUTH CAROLINA. Who regrets. . Its chairman is Steven Myhill-Jones. CEO of Daily Journal Corp (30-Year Financial, Insider Trades) Gerald L Salzman (insider trades) sold 1,800 shares of DJCO on 12/11/2020 at an average price of $300 a share. Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright Refinitiv. Who is minor. Who goes ahead. Who is confidant. Our company is proud of the work we do to help those courts and the legal system as a whole be more informed, more efficient and more accessible.. Whos old. Berkshires Charlie Munger Praises China for Banning 'Worthless Bitcoin, Daily Journal Corporation Announces Financial Results for the Three Months ended December 31, 2022, Daily Journal Corporation Announces Financial Results for Fiscal Year ended September 30, 2022, This value fund manager is sticking with Netflix and Facebook's parent and has a new position in another megacap tech stock, Charlie Mungers Daily Journal Slashes Alibaba Stake, Charlie Munger compares crypto to 'venereal disease,' warns of inflation danger, Charlie Munger Expects Index Funds to Change the Worldand Not in a Good Way. In addition, as part of creating additional long-term incentives for the management team while recognizing the dilution to shareholders that such incentives can cause, the companys Board of Directors has accepted Mr. Mungers gracious offer to gift to the company $1 million worth of his personal Daily Journal stock for the company to use as the basis for a new equity incentive plan. Who serves. Hes exactly the kind of leader we need at Daily Journal and Journal Technologies to take our business into the future.. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. Who topples. Source: Kantar Media. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. Veta Richardson's book is "Take Six: Essential Habits To Own Your Destiny, Overcome Challenges, And Unlock Opportunities." . On average, Daily Journal executives and independent directors trade stock every 30 days with the average trade being worth of $320,430. Who is missed. Follow the Daily Journal Facebook; Twitter; YouTube; Instagram . Who is shamed. Charles Munger will relinquish the chairman title, but will continue serving as a director, and as such will continue to pay particular attention to matters with which he has been involved in the past, including the companys securities portfolio. Who goes through hell. Type a symbol or company name. Precise information regarding Jerry Salzmans future plans was not immediately available. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to have been correct. Who wishes luck. A fictitious business name web site, www.DBAstore.com, enables individuals to send their statements to the company for filing and publication and another web site, www.LegalAdStore.com, enables attorneys and individuals to send probate, civil, corporate, public sale and other types of public notices to the company. Who is a follower. The Journal has been printed continuously since its . Hes exactly the kind of leader we need at Daily Journal and Journal Technologies to take our business into the future. I am incredibly excited about this opportunity to learn from and work with the team at the Daily Journal and Journal Technologies, said Mr. Myhill-Jones. Certain statements contained in this press release are forward-looking statements that involve risks and uncertainties that may cause actual future events or results to differ materially from those described in the forward-looking statements. The Beachbody Co., Inc., Daily Journal Corp. Secretary & Executive Vice President-Publications, Total Insider Purchases and Sales Reported to the SEC, Vanguard US Total Market Shares Index ETF, Vanguard Institutional Total Stock Market Index Trust, Russell Investment Co. - Tax Managed US Mid & Small Cap Fund, Northern Trust Investments, Inc.(Investment Management), JPMorgan Securities LLC (Investment Management). Who leaves early. Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained from time to time in documents we file with the Securities and Exchange Commission. Daily Journal has 250 employees, of which 12 are in a leadership position. Who is there. Charlie Munger Prefers Alibaba Stock to Treasury Bills. Who has tailwind. Is there a competitive advantage to having two superinvestors on your board of directors? It's no good. Who is familiar. Please enable Strictly Necessary Cookies first so that we can save your preferences! News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. Who does well. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to have been correct. Charlie Munger will leave his role as chairman of Daily Journal, according to a regulatory filing Monday. As announced by Daily Journal Corp. in a news release and in a regulatory filing published on Monday, March 28, 2022, Gerald L. (Jerry) Salzman has left his post as chief executive officer at the publisher of newspapers and web sites covering California and Arizona, after 36 years in the role, effective March 22, 2022. With the legal publishing biz in decline, Daily Journal has acquired new enterprisesto muscle into the legal software market. That part is true enough: over the same period, only about 26% of DJCOs price movement is explained by the same factors that have moved Berkshires price. I have been unable to conclusively disprove the rumor that this decision took placeover a bridge game with Guerin at the L.A. Country Club. Why Wells Fargo? Weitere Informationen ber die Verwendung Ihrer personenbezogenen Daten finden Sie in unserer Datenschutzerklrung und unserer Cookie-Richtlinie. Who pays back. The original newspaper, The Daily Court Journal (Los Angeles), began publication in 1888. He is also on the board of Daily Journal Corp. and California Institute of Technology. It operates . Who is at rest. The company is also pleased to announce several promotions of long-serving team members. Tu To, the companys long-time Controller, will become Chief Financial Officer, effective today. Who says what. Fundamental company data and analyst estimates provided by FactSet. Who is refunded. Jerry Salzman became CEO of the Company in 1986. Charlie Munger at the 2021 Daily Journal annual meeting spoke once again at great length. This was the first time Berkshire had bought a quality company vs. a deep value company marking a pivotal shift in investment philosophy that opened a new superhighway for Berkshires growth. The oldest executive at Daily Journal Corporation is Charles Munger, 96, who is the Chairman of the Board. Who is successful. February 26, 2021 / Richard Lewis / 6 Comments. Who is vested. Who is major. .This article first appeared on GuruFocus. Meanwhile, the second and third largest shareholders, hold 9.5% and 5.5%, of the shares . Who signs. International stock quotes are delayed as per exchange requirements. LOS ANGELES, March 28, 2022 (GLOBE NEWSWIRE) -- Daily Journal Corporation is pleased to announce that Steven Myhill-Jones has been selected as the company . Hes whip smart and full of energy. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. Source: FactSet, Markets Diary: Data on U.S. Overview page represent trading in all U.S. markets and updates until 8 p.m. See Closing Diaries table for 4 p.m. closing data. WARREN, Ohio - Loans drive the engine of any financial institution and it was full steam ahead for 717 Credit Union in 2022. Who is doomed. Do Not Sell My Personal Information (CA Residents Only). Who is praised. For reprint rights or to purchase a copy of your Daily Journal photo, email jeremy@reprintpros.com for prices or call 949-702-5390. . GuruFocus has detected 4 Warning Sign with UPWK. 915 East First Street Los Angeles California 90012 United States. By accessing ExecAtlas, you can view bios, network, connections and references of industry leading executives like Tu To. That leaves three others in the public sphere. Who speaks. Tu To, the companys long-time Controller, will become Chief Financial Officer, effective today. As my nephew Chris DeMuth Jr. of Rangeley Capital put it, So much for the idea that you cant time the market. another shibboleth of efficient market theory. Daily Journal. "CNSB", a division of the company, is a statewide newspaper representative specializing since 1934 in public notice advertising. All rights reserved. Who steps up. 14% of Daily Journal employees are Hispanic or Latino. Also on December 29, 2021, Peter D. Kaufman informed the Company that he will not stand for re-election at the . The Journal and its Asian editions are published six days a week by Dow Jones & Company, a division of News Corp.The newspaper is published in broadsheet format and online. call 866-531-1492 or email subscribe@dailyjournal.com This is the property of the Daily Journal Corporation and fully protected by copyright. The James Irvine Foundation, Oaktree Acquisition Corp. II, ADRx, Inc., Oaktree Acquisition Corp. III, Daily Journal Corp., Oaktree Capital Group LLC, Wesleyan University, Polytechnic School, Good Samaritan Hospital (Los Angeles), Oaktree Funds, X PRIZE Foundation, Oaktree Specialty Lending Corp., Chevron Corp. Costco Wholesale Corp., Berkshire Hathaway, Inc., Berkshire Hathaway Assurance Corp., Blue Chip Stamps, Daily Journal Corp., Good Samaritan Hospital (Los Angeles). He founded and bootstrapped web-based geography software company Latitude Geographics at the age of twenty-three. To subscribe, click here. dvelopper et amliorer nos produits et services. . The Daily Journal Corp. also announced that Gerald Salzman stepped down as CEO, retiring after more than 44 years at the company. Who is good. Number one, the media, the corporate media for two years has been lying about this. However arrived at, the buy occurred within one day of Wells Fargos all-time low. And hes hungry to do more!, Jerry has spent more than half his life working at the Daily Journal, and hes 83 years old. Who steps down. Who is bad man. Myhill-Jones will succeed Gerald Salzman as CEO. Mr. Myhill-Jones will succeed Gerald Salzman as CEO. 100 F Street, N.E. The total sale was $2.8 million. Who is confident. Who is zero. Warning! LOS ANGELES, March 28, 2022 (GLOBE NEWSWIRE) -- Daily Journal Corporation is pleased to announce that Steven Myhill-Jones has been selected as the . These promotions reflect the experience, knowledge and continuing contributions of the companys key players, which is a testament to Mr. Salzman's mentorship. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. Financial Insight in Your Inbox: Sign Up for GBR's Daily Newsletter
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