Who is hostile. Who congratulates. 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. Today, Wells Fargo sells for $58 a share, and Daily Journal owns about $90 million worth. Who is down. Who commands. Who heals. We disclaim any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments, or otherwise. Type a symbol or company name. 19 % Approve of CEO. Daily Journal Corporation is an American publishing company and technology company headquartered in Los Angeles, California. Again. Charlie Munger: 2021 Daily Journal Annual Meeting Transcript. Who is well. Who comes. It operates through the Traditional Business and Journal Technologies segments. The most common ethnicity at Daily Journal is White (64%). Daily Journal Corporation. Who deserves it. 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. 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. 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. Who is at rest. For reprint rights or to purchase a copy of your Daily Journal photo, email jeremy@reprintpros.com for prices or call 949-702-5390. . It also serves as a newspaper representative specializing in public notice advertising. Who is successor. 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 has a vote. Who pays back. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. Who loses. 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]. Bei der Nutzung unserer Websites und Apps verwenden wir, unsere Websites und Apps fr Sie bereitzustellen, Nutzer zu authentifizieren, Sicherheitsmanahmen anzuwenden und Spam und Missbrauch zu verhindern, und, Ihre Nutzung unserer Websites und Apps zu messen, personalisierte Werbung und Inhalte auf der Grundlage von Interessenprofilen anzuzeigen, die Effektivitt von personalisierten Anzeigen und Inhalten zu messen, sowie, unsere Produkte und Dienstleistungen zu entwickeln und zu verbessern. Here are further demographic highlights of the leadership team: The Daily Journal executive team is 33% female and 67% male. President and CEO, 717 Credit Union. Contacts The Rest of the Portfolio. 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 . Myhill-Jones . President. Who soothes. 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. Who wins. At the age of 97, Charlie Munger wasnot surprisinglysharp as a tack. March 28, 2022 07:00 ET Who stumbles. That leaves three others in the public sphere. 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. Contact 2? Meanwhile, the second and third largest shareholders, hold 9.5% and 5.5%, of the shares . Whos number 2. Its chairman is Steven Myhill-Jones. Who is bad. 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. Who is gone. The Journal Technologies segment provides case management software and related services to courts and other justice agencies. Nous, Yahoo, faisons partie de la famille de marques Yahoo. The courts in the United States and around the world carry out incredibly important work that is crucial to civilization. 2132295300. dailyjournal.com. Who is welcomed. 915 East First Street Los Angeles California 90012 United States. Who is groomed. . Who is thrilled. 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. This is the property of the Daily Journal Corporation and fully protected by copyright. Who is confidant. She will also continue as the companys Secretary. Jun 3, 2022. Who is left. 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. Munger became Chairman (because he was an attorney) with . The company now publishes 10 newspapers in California and Arizona. Precise information regarding Jerry Salzmans future plans was not immediately available. 95-4133299 (State or Other Jurisdiction (Commission File No.) 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. (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. Some people buy Daily Journal stock believing it to be a Munger hedge fund. His ability to wear so many hats was a crucial part of what helped our little company grow, evolve and expand. [citation needed]. WARREN, Ohio - Loans drive the engine of any financial institution and it was full steam ahead for 717 Credit Union in 2022. Who crumbles. They decided to invest it in Wells Fargo stock (ticker: WFC), selling at $8 a share in the dregs of the financial crisis. It's no good. Company profile for Daily Journal Corp. including key executives, insider trading, ownership, revenue and average growth rates. Who will be back. For the complete insider trading history of DJCO, click here. 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). Create your Watchlist to save your favorite quotes on Nasdaq.com. Follow the Daily Journal Facebook; Twitter; YouTube; Instagram . 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 . Who is there. This was in 1984. Who packs in. Keeping this cookie enabled helps us to improve our website. Who is victim. 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 departs. DJCO has a market capitalization of $304 million. Tu To, the companys long-time Controller, will become Chief Financial Officer, effective today. Ms. Rodriguez is the Vice President and Chief Operating Officer of Journal Technologies Inc., a subsidiary of the Company. Who is at eye level. He founded and bootstrapped web-based geography software company Latitude Geographics at the age of twenty-three. It's always a wonderful pleasure to hear Charlie Munger speak at the Daily Journal Annual Meeting. Weitere Informationen ber die Verwendung Ihrer personenbezogenen Daten finden Sie in unserer Datenschutzerklrung und unserer Cookie-Richtlinie. Who is replaced. 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. All rights reserved. Munger says the company is now a venture capital-type situation. Who is good. . The Wall Street Journal is an American business-focused international daily newspaper based in New York City with international editions published in Chinese and Japanese. 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). Charles Munger is the 98-year-old business partner of Warren Buffett at Berkshire Hathaway Inc. Daily Journal did not give an explicit reason for Jerry Salzmans departure from the CEO post. It . The average employee at Daily Journal makes $43,729 per year. Click here to check it out. The Company operates through two segments: Traditional Business and Journal Technologies. 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. His ability to wear so many hats was a crucial part of what helped our little company grow, evolve and expand. Who is vested. Who pays. Who kicks back. 61% of the management team is White. Charlie Munger Prefers Alibaba Stock to Treasury Bills. 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. Who is over. Mr. Salzman is retiring after more than 44 years of dedicated and multi-faceted service to the company. Who goes behind. Daily Journal Corp. engages in the publication of newspapers and websites covering California and Arizona. Opinions expressed by Forbes Contributors are their own. Who fits. Mr. Myhill-Jones is a Canada-based technology executive, entrepreneur and investor. 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). However arrived at, the buy occurred within one day of Wells Fargos all-time low. Who does well. Who has a say. Not a bad profit considering that they paid $2 million for it in 1977. Who is selected. Sie knnen Ihre Einstellungen jederzeit ndern, indem Sie auf unseren Websites und Apps auf den Link Datenschutz-Dashboard klicken. 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. Hat tip to Ron Harkey for opening the door. Daily Journal 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. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Who fights for money. 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. It is made available only to Daily Journal subscribers for personal . 1,574 followers. International stock quotes are delayed as per exchange requirements. Who has to go. Hes whip smart and full of energy. Jerry Salzman became CEO of the Company in 1986. 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. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. It operates in two segments, Traditional Business and Journal Technologies. Chief Executive Officer. 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. 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 benefits. 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. Mr. Salzman is retiring after more than 44 years of dedicated and . Data are provided 'as is' for informational purposes only and are not intended for trading purposes. 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 is also pleased to announce several promotions of long-serving team members. It is a generational change. Please enable Strictly Necessary Cookies first so that we can save your preferences! We are incredibly fortunate that Steven found his way into our lives. .This article first appeared on GuruFocus. For reprint rights or to purchase a copy of your Daily Journal photo, email jeremy@reprintpros.com for prices or call 949-702-5390. . It is the end of an era. 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. 14% of Daily Journal employees are Hispanic or Latino. 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 . Daily Journal Corp. company facts, information and financial ratios from MarketWatch. Who is successful. 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. Its board is also stacked with two superinvestors: Charlie Munger and Rick Guerin. Danny Hemnani has been promoted to CEO of Journal Technologies, and Maryjoe Rodriguez is now its President. 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 . 0-14665. Currently, Peter D. Kaufman holds the position of Chairman & Chief Executive Officer of Glenair, Inc. Who steps back. 18% of Daily Journal management is Hispanic or Latino. Data may be intentionally delayed pursuant to supplier requirements. Who bows out. 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. All rights reserved. Charles T. Munger, who is also vice chairman of Berkshire Hathaway, is the former chairman and a current director.. Publishing business. 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]. 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 is sad. Box . Its chairman is Steven Myhill-Jones. GuruFocus has detected 4 Warning Sign with UPWK. The Daily Journal's publications carry commercial advertising, and most also contain public notice advertising. Who leaves late. Who is family. It was too cheap, explains Munger. February 26, 2021 / Richard Lewis / 6 Comments. 2.2 26 % Recommend to a Friend. Computer Sciences Corp. CEO Mike Lawrie's pay package over the last year was enough to propel him into the top five highest-paid executives in the Greater Washington area. 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. Girardi, 2 others charged with stealing $18M from clients. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. Who is doomed. Who is up. Daily Journal Corporation has 3 current employee profiles, including Chairman & Interim CEO Steven Myhill-Jones. Whos out. Joseph Jezerinac and Kaushik Mehta are now the Co-Chief Technology Officers of Journal Technologies. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. Change value during other periods is calculated as the difference between the last trade and the most recent settle. 100 F Street, N.E. Who tumbles. Hes exactly the kind of leader we need at Daily Journal and Journal Technologies to take our business into the future. Journal Technologies, Inc. is a wholly owned subsidiary and supplies case management software systems and related products to courts and other justice agencies. The Daily Journal is a legal publisher in Los Angeles, spun out in 1986 as a public company from a closed-end fund Munger and Guerin owned. They spoke . The company was founded on December 31, 1969 and is headquartered in Los Angeles, CA. Charlie Munger. Who speaks. Value investors know Warren Buffetts classic retort to efficient market theory, The SuperInvestors of Graham and Doddsville. It originally took the form of a speech he gave at Columbia business school on the 50th anniversary of the publication of Graham and Dodds Security Analysis. He acted as the Companys Chief Executive Officer, Chief Financial Officer, Treasurer and Assistant Secretary. These symbols will be available throughout the site during your session. Read the full story in the exechange report 14.2022 ($). (exechange) Los Angeles, California, March 28, 2022 Jerry Salzman, chief executive of Daily Journal, leaves. You can find out more about which cookies we are using or switch them off in settings. Hes exactly the kind of leader we need at Daily Journal and Journal Technologies to take our business into the future.. Financial Insight in Your Inbox: Sign Up for GBR's Daily Newsletter More From GOBankingRates. Dream on. Employees: 290. Who gives in. Jerry Salzmans duties as CEO will be taken over temporarily by Steven Myhill-Jones, a former chief executive officer at Latitude Geographics, as Interim Chief Executive Officer. It's crazy. Who goes ahead. 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. Daily Journal Corporation | 1469 seguidores en LinkedIn. 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. Charlie Mungers Firm Doubled Down on Alibaba Investment, There's a lesson from Charlie Munger's increased bet on Alibaba. But there is one other company on Spaceship Earth with the same distinction: the Daily Journal Corporation (ticker: DJCO). Gerald L. Salzman Chief Executive Officer; Director: Disposition $300.00 PER SHARE: 1,800 $540,000: Dec 10 . 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. Who is shamed. Data may be intentionally delayed pursuant to supplier requirements. 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.. 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 scolds. 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. To me, Munger sounded slightly more optimistic this year than last. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. Source: Daily Journal Corporation on 12/30/2022 Sign up for Equilar ExecAtlas and view Tu To's full profile.