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. She will also continue as the companys Secretary. Charlie Munger: 2021 Daily Journal Annual Meeting Transcript. Who is minor. See the company profile for Daily Journal Corporation (DJCO) including business summary, industry/sector information, number of employees, business summary, corporate governance, key executives and their compensation. listens before the Daily Journal Corp. shareholder meeting in Los Angeles, California, U.S., on Thursday, Feb. 14 . Who is hero. 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.. GuruFocus has detected 4 Warning Sign with UPWK. In early 2009, the Daily Journals coffers were sloshing with cash from printing foreclosure notices undertakers during a plague is how Munger describes it. Joseph Jezerinac and Kaushik Mehta are now the Co-Chief Technology Officers of Journal Technologies. Charlie Munger still likes big banks and hates crypto Who does well. Who scolds. 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 . Who is first. Copy and paste multiple symbols separated by spaces. Complete Daily Journal Corp. stock information by Barron's. View real-time DJCO stock price and news, along with industry-best analysis. It . The company also held corporate . Klicken Sie auf Alle ablehnen, wenn Sie nicht mchten, dass wir und unsere Partner Cookies und personenbezogene Daten fr diese zustzlichen Zwecke verwenden. Roseman Wagner Wealth Management is currently the largest shareholder, with 18% of shares outstanding. Who tumbles. Daily Journal Corporation. If it succeeds, it could have a durable moat in a new market for the Daily Journal, and even become a takeover target if someone starts making goo-goo-googly eyes at it. The CEO Magazine | Business magazines for senior executives Who is left. At the age of 97, Charlie Munger wasnot surprisinglysharp as a tack. On average, Daily Journal executives and independent directors trade stock every 30 days with the average trade being worth of $320,430. 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). Who is down. DJCO.O - | Stock Price & Latest News | Reuters Who is hired. With the legal publishing biz in decline, Daily Journal has acquired new enterprisesto muscle into the legal software market. Who steps back. DJCO | Daily Journal Corp. Company Profile & Executives - WSJ The company is also pleased to announce several promotions of long-serving team members. Who repeats. Charlie Munger, the 98-year-old investor who's a longtime business partner of Warren Buffett, is giving up his chairman title at the Daily Journal Corp. and donating $1 million of stock to . Daily Journal Who is a big wheel. Who is not named. Who sees green. Senator Ted Cruz (R-TX) said the media should be held accountable for having "echoed" Chinese Communist talking points about COVID-19 over the last two years. Dream on. Today, Wells Fargo sells for $58 a share, and Daily Journal owns about $90 million worth. 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. Who is up. Who says what. Washington, D.C. 20549 . Opinions expressed by Forbes Contributors are their own. However arrived at, the buy occurred within one day of Wells Fargos all-time low. [citation needed]. Who is chief. Daily Journal Corporation publishes newspapers and web sites covering California and Arizona, and produces several specialized information services. The fact that Jerry Salzmans successor is brought in from outside suggests that the board may seek to stimulate change with fresh ideas and new initiatives. . Do Not Sell My Personal Information (CA Residents Only). Mr. Myhill-Jones is a Canada-based technology executive, entrepreneur and investor. 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. 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. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. Charlie Munger, the 98-year-old business partner of Warren Buffett at Berkshire Hathaway Inc , on Monday gave up his role as chairman of Daily Journal Corp, a newspaper publisher and provider of . 4d. Who recovers. Who is welcomed. Lending Leads Growth at 717 Credit Union - Business Journal Daily | The Daily Journal Corp. engages in the publication of newspapers and websites covering California and Arizona. Click here to check it out. Whos number 2. What Is the Standard Deduction for People Over 65 in 2023? You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. Fundamental company data and analyst estimates provided by FactSet. Box . 61% of the management team is White. Who is over. Who pays. Markets category Charlie Munger's Daily Journal nearly doubles stake in China's Alibaba, article with image January 4, 2022 Business category Vivendi accelerates Lagardere purchase, extending . Who reigns. Who is a follower. The Daily Journal Corp. also announced that Gerald Salzman stepped down as CEO, retiring after more than 44 years at the company. Who is dismissed. Who wishes luck. They decided to invest it in Wells Fargo stock (ticker: WFC), selling at $8 a share in the dregs of the financial crisis. He acted as the Companys Chief Executive Officer, Chief Financial Officer, Treasurer and Assistant Secretary. It is made available only to Daily Journal subscribers for personal . Who regrets. For the complete insider trading history of DJCO, click here. It's Not Time to Buy. 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. Who goes behind. The CEO Magazine. And hes hungry to do more!, Jerry has spent more than half his life working at the Daily Journal, and hes 83 years old. Daily Journal Corporation: Declining Publisher or Rising Hedge Fund Joseph Jezerinac and Kaushik Mehta are now the Co-Chief Technology Officers of Journal Technologies. Daily Journal Corporation announced that On December 29, 2021, Gerald L. Salzman resigned from the Board of Directors of the Company. CEO of Daily Journal Corp (30-Year Financial, Insider Trades) Gerald L Salzman (insider trades) sold 8,286 shares of DJCO on 12/22/2020 at an average price of $332 a share. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. Who has tailwind. Who is a friend. Ms. Rodriguez is the Vice President and Chief Operating Officer of Journal Technologies Inc., a subsidiary of the Company. Daily Journal Corporation Appoints Steven Myhill-Jones As - citybiz Whos in. Munger says the company is now a venture capital-type situation. CEO of Daily Journal Corp (30-Year Financial, Insider Trades) Gerald L Salzman (insider trades) sold 2,230 shares of DJCO on 11/10/2020 at an average price of $281 a share. Daily Journal Corp. engages in the publication of newspapers and websites covering California and Arizona. View detailed DJCO description & address. Copyright FactSet Research Systems Inc. All rights reserved. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. Employees: 290. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. You can find out more about which cookies we are using or switch them off in settings. Over the past three years, only about 18% of the monthly price movements of DJCO are explained by the prices of the listed stocks it holds. Who excites. Source: Kantar Media, Secretary & Executive Vice President-Publications. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. Who is thrilled. 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). Contact | daily-journal.com Who obeys. Who gives in. Who presides. Daily Journal Corporation has 1 board member or advisor, Charles Munger . Financial Insight in Your Inbox: Sign Up for GBR's Daily Newsletter In general, an outsider does not have the constraints of an insider when it comes to leading painful changes or making unpopular decisions. Also on December 29, 2021, Peter D. Kaufman informed the Company that he will not stand for re-election at the . Daily Journal. 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. Employer. 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.. This was in 1984. Warning! 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. Stan Perlmeter still invests his own account. It operates . DAILY JOURNAL CORPORATION : Shareholders Board Members Managers and Charlie Munger. Hoa To has been promoted to Assistant Controller of the company, and David Houston is now Editor-in-Chief of the Daily Journal newspapers. We disclaim any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments, or otherwise. The price of the stock has increased by 10.75% since. Who helps. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. Again. Nous, Yahoo, faisons partie de la famille de marques Yahoo. 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., Daily Journal said: Mr. Mr. Myhill-Jones has also been an angel investor, and an advisor and mentor to technology businesses and entrepreneurs. Who fights for honor. For more information about services to government agencies, see: Last edited on 19 November 2022, at 00:32, "2020 Daily Journal Annual Meeting with Charlie Munger, 25th minute", "Munger's Daily Journal Lifts Curtain of Secrecy on Bets", "Buffett's Pal Munger Heads a Very Weird Company", "Munger Admits to Daily Journal's Material Weaknesses", https://www.legaladstore.com/governmentads.pdf, https://adtech.dailyjournal.com/index.cfm, https://en.wikipedia.org/w/index.php?title=Daily_Journal_Corporation&oldid=1122683455, This page was last edited on 19 November 2022, at 00:32. 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.. 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. and gain access to a community of over 740 awesome, curious, kind, funny, brilliant, generous souls. Who is selected. Charles Munger said: We are incredibly fortunate that Steven found his way into our lives. 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. Mr. Myhill-Jones is a Canada-based technology executive, entrepreneur and investor. Who is invested. Mr. Salzman is retiring after more than 44 years of dedicated and multi-faceted service to the company. Who is fired. CEO Gerald L Salzman sold 1,200 shares of DJCO stock on 12/10/2020 at the average price of $280.85. WARREN, Ohio - Loans drive the engine of any financial institution and it was full steam ahead for 717 Credit Union in 2022. Steven was part of a team that built a very successful technology company out of nothing, and he ran it for a long period of time, with tenacity, patience and a focus on customer service. Journal Technologies, Inc. is a wholly owned subsidiary of the Company. Who is Who. Who departs. . He is also on the board of Daily Journal Corp. and California Institute of Technology. I want for this gift to reflect the confidence I have in the existing team and Stevens new leadership, Mr. Munger said. afficher des publicits et des contenus personnaliss en fonction de vos profils de centres dintrt; mesurer lefficacit des publicits et contenus personnaliss; et. Who fits. Jerry Salzmans move coincides with a management shake-up also involving the positions of Chief Financial Officer; CEO of Journal Technologies; President of Journal Technologies; Co-Chief Technology Officers of Journal Technologies; Executive Vice President-Publications of Daily Journal Corporation; Assistant Controller of the company; and Editor-in-Chief of the Daily Journal newspapers. Tu To - Executive Bio, Work History, and Contacts - Equilar ExecAtlas 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. Who is familiar. Who is successor. Throughout the transcript below, I have included clickable links to my notes and articles . Hoa To has been promoted to Assistant Controller of the company, and David Houston is now Editor-in-Chief of the Daily Journal newspapers. Who lies. Peter Kaufman Net Worth (2023) | wallmine Who gives up. Who can say it? CEO Gerald L Salzman sold 8,286 shares of DJCO stock on 12/22/2020 at the average price of $332. Who is good man. She will also continue as the companys Secretary. LOS ANGELES, March 28, 2022 (GLOBE NEWSWIRE) -- Daily Journal Corporation is pleased to announce that Steven Myhill-Jones has been selected as the . Lorsque vous utilisez nos sites et applications, nous utilisons des, authentifier les utilisateurs, appliquer des mesures de scurit, empcher les spams et les abus; et. Follow the Daily Journal Facebook; Twitter; YouTube; Instagram . Who packs in. Crypto? DJCO 13F Hedge Fund and Asset Management Owners - WhaleWisdom.com Who is sorted out. 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. Sie knnen Ihre Einstellungen jederzeit ndern, indem Sie auf unseren Websites und Apps auf den Link Datenschutz-Dashboard klicken. Who crumbles. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. The company now publishes 10 newspapers in California and Arizona. They also have listed positions in Bank of America and US Bankcorp in a highly concentrated portfolio (a half-dozen positions) that would give modern portfolio theorists the heebie-jeebies. Fundamental company data and analyst estimates provided by FactSet. 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. Charlie Munger at the 2021 Daily Journal annual meeting spoke once again at great length. Mr. Myhill-Jones will succeed Gerald Salzman as CEO. 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. Who is ousted. Mr. Salzman is retiring after more than 44 years of dedicated and multi-faceted service to the company. The Company operates through two segments: Traditional Business and Journal Technologies. Who pays back. Who has the last word. Who is at eye level. Mr. Myhill-Jones has also been an angel investor, and an advisor and mentor to technology businesses and entrepreneurs. This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Daily Journal Corporation publishes newspapers and websites reporting California and Arizona news and produces several specialized information services. Charles T. Munger, who is also vice chairman of Berkshire Hathaway, is the former chairman and a current director.. Publishing business. Contact 2? Daily Journal Corporation announced that On December 29, 2021, Gerald L. Salzman resigned from the Board of Directors of the Company. Change value during other periods is calculated as the difference between the last trade and the most recent settle. On average, employees at Daily Journal stay with the company for 4.4 years. djco20150125_corresp.htm - SEC 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. Who sees red. Hes exactly the kind of leader we need at Daily Journal and Journal Technologies to take our business into the future.. The total sale was $626,630. In Camelot, there was once a time in 1972 when three (countem 3) superinvestors were on the board of one company: Buffett, Munger, and Guerin all joined the board of Sees Candy immediately after Berkshire made the acquisition. Its impossible to imagine a more capable manager or better teacher, and the shareholders of the company owe Jerry a big debt of gratitude.. The oldest executive at Daily Journal Corporation is Charles Munger, 96, who is the Chairman of the Board. 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. Source: FactSet. 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. djco20140702_8k.htm - SEC Who is victim.
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