Its board is also stacked with two superinvestors: Charlie Munger and Rick Guerin. Daily Journal Corporation publishes newspapers and web sites covering California and Arizona, and produces several specialized information services. About Daily Journal Corp. (S.C.) 915 EAST FIRST STREET, LOS ANGELES, California, 90012, United States +1 213 229-5300 https://www.dailyjournal.com. Who has a vote. Who is welcomed. 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. 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. Possibly. Who is host. Who assists. 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. The price of the stock has increased by 10.75% since. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. Chief Executive Officer. His ability to wear so many hats was a crucial part of what helped our little company grow, evolve and expand. Who is down. Wenn Sie Ihre Auswahl anpassen mchten, klicken Sie auf Datenschutzeinstellungen verwalten. Source: Daily Journal Corporation on 12/30/2022 Sign up for Equilar ExecAtlas and view Tu To's full profile. Charles Munger said: We are incredibly fortunate that Steven found his way into our lives. 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. It . Copy and paste multiple symbols separated by spaces. 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. Form 10-Q for the Quarter Ended December 31, 2013 . Who packs out. 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. Chief Financial Officer. A global media brand, we provide critical business insight and in-depth features on companies, people, strategies, ideas and economic trends, while delivering unrivalled access to the . Who is confident. Who is confidant. He remains the Company's Chief Executive Officer, President, Chief Financial Officer and Treasurer. "CNSB", a division of the company, is a statewide newspaper representative specializing since 1934 in public notice advertising. Who is well. The courts in the United States and around the world carry out incredibly important work that is crucial to civilization. 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. For the complete insider trading history of DJCO, click here. Box . Gerald L. Salzman served on the Companys Board of Directors from 1986 until December 2021. Its chairman is Steven Myhill-Jones. Who goes behind. 1,574 followers. Who is dismissed. Ms. Rodriguez is the Vice President and Chief Operating Officer of Journal Technologies Inc., a subsidiary of the Company. 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 has a say. Who is hero. Charlie Munger at the 2021 Daily Journal annual meeting spoke once again at great length. 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 designs. 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. Who earns it. mesurer votre utilisation de nos sites et applications. Who suffers. California's largest legal newspaper. 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. Some people buy Daily Journal stock believing it to be a Munger hedge fund. 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. 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. Who commands. The company now publishes 10 newspapers in California and Arizona. The price of the stock has increased by 0.08% since. The Company operates through two segments: Traditional Business and Journal Technologies. 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 is victor. We disclaim any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments, or otherwise. Who heals. The company also held corporate . The company was founded on December 31, 1969 and is headquartered in Los Angeles, CA. Who is a bigwig. Who is left. Who loses. The oldest executive at Daily Journal Corporation is Charles Munger, 96, who is the Chairman of the Board. He founded and bootstrapped web-based geography software company Latitude Geographics at the age of twenty-three. It does nothing but harm, and it's antisocial, says Charlie Munger. 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. Washington, D.C. 20549 . You can find out more about which cookies we are using or switch them off in settings. Who goes ahead. [2][3][4], The original newspaper, The Daily Court Journal (Los Angeles), began publication in 1888. Myhill-Jones will succeed Gerald Salzman as CEO. March 28, 2022 07:00 ET 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. No wonder, you say two of the magnificent seven superinvestors are showrunners. Who helps. Daily Journal Corp. engages in the publication of newspapers and websites covering California and Arizona. Not a bad profit considering that they paid $2 million for it in 1977. Who is successful. It's no good. Hes whip smart and full of energy, said Mr. Munger. Change value during other periods is calculated as the difference between the last trade and the most recent 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. Who is at C-level. They spoke . Who wants to go. 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 . 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 under. The average employee at Daily Journal makes $43,729 per year. As Chairman, I look forward to participating in the strategic growth of our businesses, and as Interim Chief Executive Officer, I intend to lead based on principles and integrity, while evaluating the best long-term possibilities for the company. Who distributes. He acted as the Companys Chief Executive Officer, Chief Financial Officer, Treasurer and Assistant Secretary. 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. Charlie Munger Prefers Alibaba Stock to Treasury Bills. Who stands by. Sign up and receive our free newsletter every Monday morning. Veta Richardson's book is "Take Six: Essential Habits To Own Your Destiny, Overcome Challenges, And Unlock Opportunities." . Corporate counsel group CEO pens book on reaching goals. More From GOBankingRates. From accounts, Buffett was like a kid in a candy store. Alibaba Stock Is Rebounding. Fundamental company data and analyst estimates provided by FactSet. Charlie Munger. Heathrow CEO says wealthy 'should pay' aviation transition to greener fuels. Who lies. Who speaks. Daily Journal. Daily Journal Corporation publishes several newspapers in California and Arizona with a specific focus on topics of interest to the legal and real estate professions. The credit union disbursed a record $560 million in loans to help members meet their needs and achieve their goals. . These symbols will be available throughout the site during your session. These promotions reflect the experience, knowledge and continuing contributions of the companys key players, which is a testament to Mr. Salzman's mentorship. 2023, Nasdaq, Inc. All Rights Reserved. Klicken Sie auf Alle ablehnen, wenn Sie nicht mchten, dass wir und unsere Partner Cookies und personenbezogene Daten fr diese zustzlichen Zwecke verwenden. Who excites. Daily Journal Corporation has 1 board member or advisor, Charles Munger . 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. 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. Who can say it? Who is missed. . Mr. Myhill-Jones will succeed Gerald Salzman as CEO. Who is there. Who bows out. 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, Tullett Prebon, Currencies: Currency quotes are updated in real-time. Girardi, 2 others charged with stealing $18M from clients. . 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. Mr. Salzman is also the President, Chief Executive Officer, Chief Financial Officer and Secretary of Journal Technologies. The most common ethnicity at Daily Journal is White (64%). Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. Vous pouvez modifier vos choix tout moment en cliquant sur le lien Tableau de bord sur la vie prive prsent sur nos sites et dans nos applications. The courts in the United States and around the world carry out incredibly important work that is crucial to civilization. Steven Myhill-Jones will succeed Salzman as CEO. Who leaves early. Who does well. Whos number 1. It was too cheap, explains Munger. 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. Mar 28, 2022, 7:00 AM ET. This was in 1984. 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. It is the end of an era. And hes hungry to do more!, Jerry has spent more than half his life working at the Daily Journal, and hes 83 years old. All rights reserved. Who is minor. Imagine that! Source: FactSet. It has done pretty well. It operates . For reprint rights or to purchase a copy of your Daily Journal photo, email jeremy@reprintpros.com for prices or call 949-702-5390. . Filed on August 13, 2014 CEO Steven Myhill-Jones Number Of Employees 315 Sector Consumer Services. Who presides. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. Who has tailwind. 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. GuruFocus has detected 4 Warning Sign with UPWK. Company profile for Daily Journal Corp. including key executives, insider trading, ownership, revenue and average growth rates. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. 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 obeys. Who tumbles. The Push-out Score determined by exechange gauges the pressure surrounding Jerry Salzmans move on a scale of 0 to 10. exechange reached out to Daily Journal and offered the company the opportunity to comment on the score. 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. Hes whip smart and full of energy. Who fits. Charlie Munger: 2021 Daily Journal Annual Meeting Transcript. Roseman Wagner Wealth Management is currently the largest shareholder, with 18% of shares outstanding. The total sale was $2.8 million. Imagine that! Munger says the company is now a venture capital-type situation. Who bows. The company is also pleased to announce several promotions of long-serving team members. We disclaim any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments, or otherwise. The Daily Journal Corporation has been publicly traded since 1987 on the NASDAQ under DJCO. 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. Re: Daily Journal Corporation (the "Company") Form 10-K for Fiscal Year Ended September 30, 2013 . Who is bad man. This is incredibly relevant on a number of fronts. She will also continue as the companys Secretary. Who is big kahuna. 2132295300. dailyjournal.com. It is made available only to Daily Journal subscribers for personal . Who leaves for good. Who says what. Who soothes. Who sees green. 14% of Daily Journal employees are Hispanic or Latino. 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 federal indictment in Los Angeles accuses Thomas V. Girardi and Christopher Kamon . Who is in quest. Si vous souhaitez personnaliser vos choix, cliquez sur Grer les paramtres de confidentialit. It's always a wonderful pleasure to hear Charlie Munger speak at the Daily Journal Annual Meeting. Charlie Mungers Firm Doubles Down on Alibaba Investment. Who is not named. The courts in the United States and around the world carry out incredibly important work that is crucial to civilization. Type a symbol or company name. afficher des publicits et des contenus personnaliss en fonction de vos profils de centres dintrt; mesurer lefficacit des publicits et contenus personnaliss; et. Steven Myhill-Jones is about 37 years younger than Jerry Salzman. 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. 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. This is the property of the Daily Journal Corporation and fully protected by copyright. dvelopper et amliorer nos produits et services. A director, President, CEO and CFO, said Mr. Munger. Who is zero. 2.2 26 % Recommend to a Friend. Who exits. Charlie Munger will leave his role as chairman of Daily Journal, according to a regulatory filing Monday. SPS Commerce CEO Archie Black leaves post, Workiva CEO Marty Vanderploeg leaves post. 19 % Approve of CEO. Type a symbol or company name. In general, an outsider does not have the constraints of an insider when it comes to leading painful changes or making unpopular decisions. 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. Here are further demographic highlights of the leadership team: The Daily Journal executive team is 33% female and 67% male. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. Source: Kantar Media, Secretary & Executive Vice President-Publications. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. 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. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. Who leaves late. Contacts 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. A director, President, CEO and CFO, said Mr. Munger. Copyright FactSet Research Systems Inc. All rights reserved. As of June 30, 2010, The Daily Journal Corporation had cash and equivalents of $4,475,000 and US Treasury Notes and Bills of $10,639,000. (Disclosure: the author has a position in the Daily Journal Corporation a reliable sell indicator.). LOS ANGELES, March 28, 2022 (GLOBE NEWSWIRE) -- Daily Journal Corporation is pleased to announce that Steven Myhill-Jones has been selected as the company's new Chairman and . Who scolds. All rights reserved. (function($) {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. The announcement follows an increase in Daily Journal Corp.s share price of 43% since March 2017. Joseph Jezerinac and Kaushik Mehta are now the Co-Chief Technology Officers of Journal Technologies. DJCO has a market capitalization of $304 million. Please enable Strictly Necessary Cookies first so that we can save your preferences! Hat tip to Ron Harkey for opening the door. 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 . 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. Daily Journal Corporation is an American publishing company and technology company headquartered in Los Angeles, California. 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 Corp has a market cap of $458.760 million; its shares were traded at around $332.260000 with a P/E ratio of 113.39 and P/S ratio of 9.19. 0-14665. 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). Employees: 290. And hes hungry to do more!, Jerry has spent more than half his life working at the Daily Journal, and hes 83 years old. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Also on December 29, 2021, Peter D. Kaufman informed the Company that he will not stand for re-election at the Company's 2022 Annual Meeting of Shareholders. (I.R.S. 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. 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. By my reckoning, the stock portfolio accounts for roughly 60% of the value of the company. 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. Keeping this cookie enabled helps us to improve our website. We are using cookies to give you the best experience on our website. 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.