. Charlie Mungers Firm Doubled Down on Alibaba Investment, There's a lesson from Charlie Munger's increased bet on Alibaba. 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. But there is one other company on Spaceship Earth with the same distinction: the Daily Journal Corporation (ticker: DJCO). Danny Hemnani has been promoted to CEO of Journal Technologies, and Maryjoe Rodriguez is now its President. LOS ANGELES, March 28, 2022 (GLOBE NEWSWIRE) -- Daily Journal Corporation is pleased to announce that Steven Myhill-Jones has been selected as the . We disclaim any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments, or otherwise. Charlie Munger: 2021 Daily Journal Annual Meeting Transcript. Filed on August 13, 2014 It operates in two segments, Traditional Business and Journal Technologies. 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 . Who lies. Keeping this cookie enabled helps us to improve our website. 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. The Company operates through two segments: Traditional Business and Journal Technologies. The company was founded on December 31, 1969 and is headquartered in Los Angeles, CA. The company now publishes 10 newspapers in California and Arizona. Fundamental company data and analyst estimates provided by FactSet. Who gives up. Governance. 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. Who is at eye level. DAILY JOURNAL CORP : Submission of Matters to a Vote of Security Holders Charlie Munger downplays risk of Taiwan invasion, says crypto fans are 'idiots', Transcript : Daily Journal Corporation - Shareholder/Analyst Call. The company has offices in Corona, Oakland, Riverside, Sacramento, San Diego, San Francisco, San Jose, and Santa Ana in California, and in Denver, Colorado; Logan, Utah; Phoenix, Arizona and Melbourne, Australia. Precise information regarding Jerry Salzmans future plans was not immediately available. and gain access to a community of over 740 awesome, curious, kind, funny, brilliant, generous souls.
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. It is a generational change. Daily Journal Corp publishes newspapers and web sites covering California and Arizona and produces several specialized information services. Who has a vote. Its chairman is Steven Myhill-Jones. Who suffers. The Daily Journal Corporation has been publicly traded since 1987 on the NASDAQ under DJCO. Who steps down. I book,host,edit, post and promote new episodes with brilliant guests every day. Stand Up is a daily podcast. CEO Gerald L Salzman sold 1,800 shares of DJCO stock on 12/11/2020 at the average price of $300. It is made available only to Daily Journal subscribers for personal . Daily Journal Corp publishes newspapers and web sites covering California and Arizona and produces several specialized information services. Crypto? The Daily Journal Corp. also announced that Gerald Salzman stepped down as CEO, retiring after more than 44 years at the company. Re: Daily Journal Corporation (the "Company") Form 10-K for Fiscal Year Ended September 30, 2013 . Copyright FactSet Research Systems Inc. All rights reserved. Who wants to go. Who benefits. 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. 0-14665. Charles T. Munger, who is also vice chairman of Berkshire Hathaway, is the former chairman and a current director. Do Not Sell My Personal Information (CA Residents Only). Whos obsolete. Daily Journal Corporation publishes newspapers and websites covering in California, Arizona, and Utah. Who is at rest. Change value during other periods is calculated as the difference between the last trade and the most recent settle. Who exits. On average, employees at Daily Journal stay with the company for 4.4 years. 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. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. Buffett cited seven individual superinvestors (two others were multi-manager funds). GuruFocus has detected 4 Warning Sign with UPWK. Mr. Salzman is also the President, Chief Executive Officer, Chief Financial Officer and Secretary of Journal Technologies. February 26, 2021 / Richard Lewis / 6 Comments. Daily Journal Corporation publishes newspapers and web sites covering California and Arizona, and produces several specialized information services. Who stumbles. Si vous souhaitez personnaliser vos choix, cliquez sur Grer les paramtres de confidentialit. Who does well. Its impossible to imagine a more capable manager or better teacher, and the shareholders of the company owe Jerry a big debt of gratitude.. Who goes ahead. Who is confidant. Its chairman is Steven Myhill-Jones. The CEO Magazine. It is the end of an era. Who is familiar. Who is shamed. The Daily Journal Corporation has been publicly traded since 1987 on the NASDAQ under DJCO. They decided to invest it in Wells Fargo stock (ticker: WFC), selling at $8 a share in the dregs of the financial crisis. Ph.D. is Dean of the National School of Tropical Medicine and Professor of Pediatrics and Molecular Virology & Microbiology at Baylor College of Medicine where he is . President. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. Change value during other periods is calculated as the difference between the last trade and the most recent settle. 915 East First Street Los Angeles California 90012 United States. Danny Hemnani has been promoted to CEO of Journal Technologies, and Maryjoe Rodriguez is now its President. In Camelot, there was once a time in 1972 when three (countem 3) superinvestors were on the board of one company: Buffett, Munger, and Guerin all joined the board of Sees Candy immediately after Berkshire made the acquisition. #CharlieMunger #DailyJournalAnnualMeeting #BerkshireHathawayYahoo Finance is the exclusive live stream platform for the fully virtual Daily Journal ($DJCO) A. It was too cheap, explains Munger. Charlie Munger Prefers Alibaba Stock to Treasury Bills. 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. To me, Munger sounded slightly more optimistic this year than last.
These symbols will be available throughout the site during your session. 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 . 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.. Who is praised. AIC President/CEO,RiskPro Insurance Services, Inc. P.O. 11% of Daily Journal employees are Black or African American. The Rest of the Portfolio. Mr. Myhill-Jones has also been an angel investor, and an advisor and mentor to technology businesses and entrepreneurs. 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. Who is successful. 2023, Nasdaq, Inc. All Rights Reserved. Who is a big wheel. Not a bad profit considering that they paid $2 million for it in 1977. 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. Mr. Gerald L. Salzman has been President at Daily Journal Corporation since 1986 and serves as its Chief Executive Officer, Chief Financial Officer, Treasurer, Chief Accounting Officer, Assistant Secretary and Director. Who kicks back. Who is honored.
It also serves as a newspaper representative specializing in public notice advertising. Who mourns. Mr. Myhill-Jones will succeed Gerald Salzman as CEO. It's Not Time to Buy. She will also continue as the companys Secretary. Who is an enemy. Charles Munger said: We are incredibly fortunate that Steven found his way into our lives. Who steps back. 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. 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. 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. Chief Financial Officer. Who is a friend. More From GOBankingRates. Who regrets. 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. The Journal has been printed continuously since its . We are using cookies to give you the best experience on our website. U.S. Securities and Exchange Commission. Who is refunded. Who resigns. 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. 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. Have a noteworthy news item, verdict, or settlement? 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. Presently, Gerald L. Salzman holds the position of President, CEO, CFO, Treasurer & Director at Daily Journal Corp. and Secretary, Chief Executive & Financial Officer at Journal Technologies, Inc. (a subsidiary of Daily Journal Corp.). The total sale was $626,630. 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. Who sees green. Contact 3 . Source: FactSet. Some people buy Daily Journal stock believing it to be a Munger hedge fund. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. 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. But the jury is out. Michelle Stephens has become Executive Vice President-Publications of Daily Journal Corporation. 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). .This article first appeared on GuruFocus. Gerald L. Salzman served on the Companys Board of Directors from 1986 until December 2021. Also on December 29, 2021, Peter D. Kaufman informed the Company that he will not stand for re-election at the . LOS ANGELES, March 28, 2022 (GLOBE NEWSWIRE) -- Daily Journal Corporation is pleased to announce that Steven Myhill-Jones has been selected as the company .
Jerry Salzman became CEO of the Company in 1986. Michelle Stephens has become Executive Vice President-Publications of Daily Journal Corporation. Tu To, the companys long-time Controller, will become Chief Financial Officer, effective today. Who recovers. Who pays. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. Munger will stay on the board and donate $1 million in Daily Journal stock . 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 .