Who is a bigwig. It's worthless. No wonder, you say two of the magnificent seven superinvestors are showrunners. The original newspaper, The Daily Court Journal (Los Angeles), began publication in 1888. "CNSB", a division of the company, is a statewide newspaper representative specializing since 1934 in public notice advertising. Who is hostile. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. 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. Who is at C-level. Who is familiar. Its largest publications are the Los Angeles Daily Journal and the San Francisco Daily Journal. 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 . 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 . 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. 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. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. 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. .This article first appeared on GuruFocus. Box . He led the company during an incredibly challenging time for newspapers, while also building out a promising court software business in what is a terribly difficult but dynamic market. 14% of Daily Journal employees are Hispanic or Latino. Who has tailwind. 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. 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). The Company operates through two segments: Traditional Business and Journal Technologies. Who means well. Charlie Munger at the 2021 Daily Journal annual meeting spoke once again at great length. Who signs. Daily Journal Corporation is a leading newspaper publisher with about a dozen papers serving markets primarily in California. Who is a leader. Daily Journal Corp publishes newspapers and web . 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. Who regrets. Stan Perlmeter still invests his own account. Who exits. CEO Gerald L Salzman sold 1,800 shares of DJCO stock on 12/11/2020 at the average price of $300. Who can say it? Who is missed. Who scolds. Danny Hemnani has been promoted to CEO of Journal Technologies, and Maryjoe Rodriguez is now its President. A director, President, CEO and CFO, said Mr. Munger. Number one, the media, the corporate media for two years has been lying about this. Some people buy Daily Journal stock believing it to be a Munger hedge fund. DJCO - key executives, insider trading, ownership, revenue and average growth rates. We use cookies and browser capability checks to help us deliver our online services, including to learn if you enabled Flash for video or ad blocking. We are incredibly fortunate that Steven found his way into our lives. Who is first. Who designs. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Who is welcomed. Read the full story in the exechange report 14.2022 ($). Filed on June 24, 2014 . Who is host. Daily Journal 1 Dearborn Square, Suite 200 Kankakee, IL 60901 Phone: 815-937-3322 Email: editors@daily-journal.com. We are using cookies to give you the best experience on our website. (Disclosure: the author has a position in the Daily Journal Corporation a reliable sell indicator.). . The total sale was $2.8 million. 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 . Click here to check it out. Currently, Peter D. Kaufman holds the position of Chairman & Chief Executive Officer of Glenair, Inc. Buffett cited seven individual superinvestors (two others were multi-manager funds). Chief Executive Officer and Chairman of the Board. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful. news@dailyjournal.com | The Daily Journal publishes the Los Angeles Daily Journal and San Francisco Daily Journal and community newspapers focusing on law or business and real estate in California and Arizona. Veta Richardson's book is "Take Six: Essential Habits To Own Your Destiny, Overcome Challenges, And Unlock Opportunities." . 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 web sites covering California and Arizona, and produces several specialized information services. Who contributes. It is made available only to Daily Journal subscribers for personal or collaborative purposes and may not be distributed, reproduced, modified, stored or transferred without written permission. Munger became Chairman (because he was an attorney) with Guerin as the largest single shareholder, and Gerald Salzman the Platonic form of a Buffett-style manager taking over as CEO shortly thereafter. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. Employer. Journal Technologies, Inc. is a wholly owned subsidiary of the Company. Who suffers. Who kicks back. Detailed company description & address for Daily Journal Corp.. Who is hired. It has done pretty well. The price of the stock has increased by 10.75% since. Have a noteworthy news item, verdict, or settlement? Wenn Sie Ihre Auswahl anpassen mchten, klicken Sie auf Datenschutzeinstellungen verwalten. It is a generational change. Hoa To has been promoted to Assistant Controller of the company, and David Houston is now Editor-in-Chief of the Daily Journal newspapers. 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. Daily Journal Corporation has 1 board member or advisor, Charles Munger . Data may be intentionally delayed pursuant to supplier requirements. Klicken Sie auf Alle ablehnen, wenn Sie nicht mchten, dass wir und unsere Partner Cookies und personenbezogene Daten fr diese zustzlichen Zwecke verwenden. Jun 3, 2022. On average, Daily Journal executives and independent directors trade stock every 30 days with the average trade being worth of $320,430. Whos old. Who packs in. Contact 3 . 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. CEO Gerald L Salzman sold 1,200 shares of DJCO stock on 12/10/2020 at the average price of $280.85. Jerry Salzmans move coincides with a management shake-up also involving the positions of Chief Financial Officer; CEO of Journal Technologies; President of Journal Technologies; Co-Chief Technology Officers of Journal Technologies; Executive Vice President-Publications of Daily Journal Corporation; Assistant Controller of the company; and Editor-in-Chief of the Daily Journal newspapers. Complete Daily Journal Corp. stock information by Barron's. View real-time DJCO stock price and news, along with industry-best analysis. Who bows. Who leaves for good. Who is shamed. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. Who is a big wheel. Lorsque vous utilisez nos sites et applications, nous utilisons des, authentifier les utilisateurs, appliquer des mesures de scurit, empcher les spams et les abus; et. [citation needed]. (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';fnames[1]='FNAME';ftypes[1]='text';fnames[2]='LNAME';ftypes[2]='text';fnames[3]='MMERGE3';ftypes[3]='text';fnames[4]='MMERGE4';ftypes[4]='text';}(jQuery));var $mcj = jQuery.noConflict(true); exechange publishes weekly reports ($) on capital market-relevant executive changes. It's crazy. 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. Mr. Salzman is also the President, Chief Executive Officer, Chief Financial Officer and Secretary of Journal Technologies. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. 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. Who hurts. Hes whip smart and full of energy. 2023, Nasdaq, Inc. All Rights Reserved. Who goes through hell. Munger says the company is now a venture capital-type situation. Who is confident. This is the property of the Daily Journal Corporation and fully protected by copyright. Si vous souhaitez personnaliser vos choix, cliquez sur Grer les paramtres de confidentialit. 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. Who is gone. #CharlieMunger #DailyJournalAnnualMeeting #BerkshireHathawayYahoo Finance is the exclusive live stream platform for the fully virtual Daily Journal ($DJCO) A. Mar 28, 2022, 7:00 AM ET. Who is replaced. Fundamental company data and analyst estimates provided by FactSet. 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. 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 fights for honor. Charlie Munger: 2021 Daily Journal Annual Meeting Transcript. 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. His ability to wear so many hats was a crucial part of what helped our little company grow, evolve and expand. On December 29, 2021, Maryjoe Rodriguez was appointed to the Board to fill the vacancy created with Mr. Salzman's resignation. 915 EAST FIRST STREET, LOS ANGELES, CA 90012. Who serves. Who comes. Today, Wells Fargo sells for $58 a share, and Daily Journal owns about $90 million worth. He acted as the Companys Chief Executive Officer, Chief Financial Officer, Treasurer and Assistant Secretary. Treasurer : Dated: July 3, 2014 . . Who assists. | Source: What Is the Standard Deduction for People Over 65 in 2023? Who is ousted. Who steps up. The total sale was $626,630. Public notice advertising consists of many types of legal notices required by law to be published in an adjudicated newspaper of general circulation, including notices of death, fictitious business names, trustee sale notices and notices of governmental hearings. 100 F Street, N.E. Copyright FactSet Research Systems Inc. All rights reserved. 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. 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. CNSB places public notices and other forms of advertising with adjudicated newspapers of general circulation, most of which are not owned by The Daily Journal.[6]. 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 . Daily Journal Corp. company facts, information and financial ratios from MarketWatch. Who is vested. Charlie Munger. Who leaves late. . Who prompts. The Traditional Business segment publishes newspapers of general circulation. For reprint rights or to purchase a copy of your Daily Journal photo, email jeremy@reprintpros.com for prices or call 949-702-5390. . Mr. Salzman is retiring after more than 44 years of dedicated and multi-faceted service to the company. and gain access to a community of over 740 awesome, curious, kind, funny, brilliant, generous souls. 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 gives in. Who is successful. Words such as expects, intends, anticipates, should, believes, will, plans, estimates, may, variations of such words and similar expressions are intended to identify such forward-looking statements. Charles T. Munger, who is also vice chairman of Berkshire Hathaway, is the former chairman and a current director.. Publishing business. 10% of the management team is Black or African American. It operates . Myhill-Jones will succeed Gerald Salzman as CEO. Who fits. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. Chere Estrin is the CEO of Estrin Legal Staffing and President & Co-Founding Member of the Organization of Legal Professionals (OLP), an online continuing legal education organization for . It does nothing but harm, and it's antisocial, says Charlie Munger. But wait thats applying modern portfolio theory to the Daily Journal. Read this article for more details on the company and the interesting turn of events in recent years that involve a large portfolio of marketable securities. The Rest of the Portfolio. Contacts Journal Technologies makes software for trial and appellate courts and agencies related to court systems, including prosecutorial agencies, public defenders, probation departments and pretrial offices, throughout the United States, Canada and Australia. Insiders trading at Daily Journal. It's Not Time to Buy. Copyright FactSet Research Systems Inc. All rights reserved. Type a symbol or company name. 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. (exechange) Los Angeles, California, March 28, 2022 Jerry Salzman, chief executive of Daily Journal, leaves. Daily Journal Corporation announced that On December 29, 2021, Gerald L. Salzman resigned from the Board of Directors of the Company. Opinions expressed by Forbes Contributors are their own. 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 congratulates. Who is dismissed. President. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. By using our website or by closing this message box, you agree to our use of browser capability checks, and to our use of cookies as described in our Cookie Policy. At the age of 97, Charlie Munger wasnot surprisinglysharp as a tack. Precise information regarding Jerry Salzmans future plans was not immediately available. 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. Imagine that! DAILY JOURNAL CORPORATION (Exact Name of Registrant as Specified in its Charter) SOUTH CAROLINA. Who is blamed. The Daily Journal Corporation has been publicly traded since 1987 on the NASDAQ under DJCO. 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 decides. 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. 61% of the management team is White. Warning! Whos obsolete. The company was founded on December 31, 1969 and is headquartered in Los Angeles, CA. It is made available only to Daily Journal subscribers for personal . Hes exactly the kind of leader we need at Daily Journal and Journal Technologies to take our business into the future. 95-4133299 (State or Other Jurisdiction (Commission File No.) 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.. The company also held corporate . Stand Up is a daily podcast. Whos out. Here are further demographic highlights of the leadership team: The Daily Journal executive team is 33% female and 67% male.