Read the full story in the exechange report 14.2022 ($). Data are provided 'as is' for informational purposes only and are not intended for trading purposes. It's always a wonderful pleasure to hear Charlie Munger speak at the Daily Journal Annual Meeting. Who is vested. The Daily Journal Corp. also announced that Gerald Salzman stepped down as CEO, retiring after more than 44 years at the company. Chief Executive Officer and Chairman of the Board. Number one, the media, the corporate media for two years has been lying about this. Who is thrilled. CEO: Steven Myhill-Jones. 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. Who is replaced. Not a bad profit considering that they paid $2 million for it in 1977. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. 2.2 26 % Recommend to a Friend. Copy and paste multiple symbols separated by spaces. Filed on August 13, 2014 Munger will stay on the board and donate $1 million in Daily Journal stock . Who heals. And he did it all. Who repeats. The total sale was $2.8 million. 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. Daily Journal Hes exactly the kind of leader we need at Daily Journal and Journal Technologies to take our business into the future.. 4d. Daily Journal Corporation announced that On December 29, 2021, Gerald L. Salzman resigned from the Board of Directors of the Company. His ability to wear so many hats was a crucial part of what helped our little company grow, evolve and expand. Who leaves. March 28, 2022 07:00 ET Change value during other periods is calculated as the difference between the last trade and the most recent settle. DJCO - key executives, insider trading, ownership, revenue and average growth rates. A director, President, CEO and CFO, said Mr. Munger. 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 . The price of the stock has increased by 10.75% since. 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. Whos number 2. At this rate, he'll likely (hopefully) reach the longevity of Irving Kahn. Who is doomed. Meanwhile, the second and third largest shareholders, hold 9.5% and 5.5%, of the shares . dvelopper et amliorer nos produits et services. Who helps. 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). Mr. Salzman is also the President, Chief Executive Officer, Chief Financial Officer and Secretary of Journal Technologies. 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. Its board is also stacked with two superinvestors: Charlie Munger and Rick Guerin. Veta Richardson's book is "Take Six: Essential Habits To Own Your Destiny, Overcome Challenges, And Unlock Opportunities." . Employer. 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. Who sees green. Gerald L. Salzman Chief Executive Officer; Director: Disposition $300.00 PER SHARE: 1,800 $540,000: Dec 10 . From accounts, Buffett was like a kid in a candy store. Why Wells Fargo? 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. Who is down. But there is one other company on Spaceship Earth with the same distinction: the Daily Journal Corporation (ticker: DJCO). Governance. Mr. Salzman is retiring after more than 44 years of dedicated and . Journal Technologies, Inc. is a wholly owned subsidiary of the Company. 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. 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. Who sits. Mr. Salzman is retiring after more than 44 years of dedicated and multi-faceted service to the company., Daily Journal further said: On March 22, 2022, after more than 44 years of dedicated service to Daily Journal Corporation (the Company), Gerald L. Salzman retired as the Companys Chief Executive Officer, President, Chief Financial Officer and Treasurer.. The courts in the United States and around the world carry out incredibly important work that is crucial to civilization. He remains the Company's Chief Executive Officer, President, Chief Financial Officer and Treasurer. With the legal publishing biz in decline, Daily Journal has acquired new enterprisesto muscle into the legal software market. February 26, 2021 / Richard Lewis / 6 Comments. Nous, Yahoo, faisons partie de la famille de marques Yahoo. Never mind! 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 . Who is host. Who fights for honor. The courts in the United States and around the world carry out incredibly important work that is crucial to civilization. Who is hired. Steven Myhill-Jones is about 37 years younger than Jerry Salzman. . . 19 % Approve of CEO. Its flagship papers include the Los Angeles Daily Journal and the San Francisco Daily Journal, . However arrived at, the buy occurred within one day of Wells Fargos all-time low. Some people buy Daily Journal stock believing it to be a Munger hedge fund. 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. The company is also a newspaper publisher with about a dozen papers serving markets . Who kicks back. It's Not Time to Buy. CEO of Daily Journal Corp (30-Year Financial, Insider Trades) Gerald L Salzman (insider trades) sold 1,800 shares of DJCO on 12/11/2020 at an average price of $300 a share. Who is blamed. 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. Who is victor. Who is missed. Contact 3 . 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. He remains the Company's Chief Executive Officer, President, Chief Financial Officer and Treasurer. 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. Filed on June 24, 2014 . Currently, Peter D. Kaufman holds the position of Chairman & Chief Executive Officer of Glenair, Inc. 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. 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. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. The courts in the United States and around the world carry out incredibly important work that is crucial to civilization. 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. Daily Journal Corporation publishes newspapers and web sites covering California and Arizona, and produces several specialized information services. Mr. Myhill-Jones will succeed Gerald Salzman as CEO. . Mr. Myhill-Jones is a Canada-based technology executive, entrepreneur and investor. Myhill-Jones will succeed Gerald Salzman as CEO. 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. 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. Sie knnen Ihre Einstellungen jederzeit ndern, indem Sie auf unseren Websites und Apps auf den Link Datenschutz-Dashboard klicken. Who is major. Please enable Strictly Necessary Cookies first so that we can save your preferences! Follow the Daily Journal Facebook; Twitter; YouTube; Instagram . 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. Michelle Stephens has become Executive Vice President-Publications of Daily Journal Corporation. 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 is an enemy. 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. 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 . The most common ethnicity at Daily Journal is White (64%). Jun 3, 2022. 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. Throughout the transcript below, I have included clickable links to my notes and articles . Daily Journal Corporation publishes newspapers and websites covering in California, Arizona, and Utah. afficher des publicits et des contenus personnaliss en fonction de vos profils de centres dintrt; mesurer lefficacit des publicits et contenus personnaliss; et. Who wins. Klicken Sie auf Alle ablehnen, wenn Sie nicht mchten, dass wir und unsere Partner Cookies und personenbezogene Daten fr diese zustzlichen Zwecke verwenden. AIC President/CEO,RiskPro Insurance Services, Inc. P.O. Who quits. That leaves three others in the public sphere. Steven Myhill-Jones will succeed Salzman as CEO. You can find out more about which cookies we are using or switch them off in settings. 2023, Nasdaq, Inc. All Rights Reserved. Once again, the wit and wisdom of Charlie Munger was on full display at the deceptively youthful age of 97! CEO Steven Myhill-Jones Number Of Employees 315 Sector Consumer Services. 915 EAST FIRST STREET, LOS ANGELES, CA 90012. [citation needed]. CEO Gerald L Salzman sold 8,286 shares of DJCO stock on 12/22/2020 at the average price of $332. 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. 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. Who does well. and gain access to a community of over 740 awesome, curious, kind, funny, brilliant, generous souls. Who is at eye level. In general, an outsider does not have the constraints of an insider when it comes to leading painful changes or making unpopular decisions. Daily Journal Corporation publishes newspapers and web sites covering California and Arizona, and produces several specialized information services. 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. 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. Who is hero. They decided to invest it in Wells Fargo stock (ticker: WFC), selling at $8 a share in the dregs of the financial crisis. I want for this gift to reflect the confidence I have in the existing team and Stevens new leadership, Mr. Munger said. "CNSB", a division of the company, is a statewide newspaper representative specializing since 1934 in public notice advertising. 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. Division of Corporate Finance. All rights reserved. Of those seven, Walter Schloss, Tom Knapp, and William Ruane have departed on that Last Train to Graham & Doddsville. Who has a vote. Stand Up is a daily podcast. Who serves. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Who prompts. Source: FactSet. Who regrets. Who packs in. Data may be intentionally delayed pursuant to supplier requirements. 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. Who has a say. 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. The company was founded on December 31, 1969 and is headquartered in Los Angeles, CA. 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. 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 familiar. DJCO has a market capitalization of $304 million. Who leaves for good. 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. Who congratulates. Re: Daily Journal Corporation (the "Company") Form 10-K for Fiscal Year Ended September 30, 2013 . Charlie Munger at the 2021 Daily Journal annual meeting spoke once again at great length. The Rest of the Portfolio. Source: Kantar Media. Who lies. 1,574 followers. Charlie Munger Prefers Alibaba Stock to Treasury Bills. Heathrow CEO says wealthy 'should pay' aviation transition to greener fuels. The company is also pleased to announce several promotions of long-serving team members. 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. International stock quotes are delayed as per exchange requirements. Who is humbled. Who is groomed. Who is bad. Sign up and receive our free newsletter every Monday morning. Who is praised. Daily Journal Corporation. Stan Perlmeter still invests his own account. Joseph Jezerinac and Kaushik Mehta are now the Co-Chief Technology Officers of Journal Technologies. Charlie Munger. This is incredibly relevant on a number of fronts. WARREN, Ohio - Loans drive the engine of any financial institution and it was full steam ahead for 717 Credit Union in 2022. 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 a bigwig. 2132295300. dailyjournal.com. Box . How to assess the Push-out Score: a 10-step guide. LOS ANGELES, March 28, 2022 (GLOBE NEWSWIRE) -- Daily Journal Corporation is pleased to announce that Steven Myhill-Jones has been selected as the company . It was too cheap, explains Munger. Mr. Myhill-Jones has also been an angel investor, and an advisor and mentor to technology businesses and entrepreneurs. Who is honored. Who presides. Daily Journal Corporation is a leading newspaper publisher with about a dozen papers serving markets primarily in California. Who is bad man. Hat tip to Ron Harkey for opening the door. Daily Journal Corporation publishes newspapers and websites reporting California and Arizona news and produces several specialized information services. Who scolds. We are a source of information, inspiration and motivation for the world's most successful leaders, executives, investors and entrepreneurs. Hes whip smart and full of energy, said Mr. Munger. It operates . We are incredibly fortunate that Steven found his way into our lives. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. It's worthless. Its impossible to imagine a more capable manager or better teacher, and the shareholders of the company owe Jerry a big debt of gratitude.. Daily Journal Corp publishes newspapers and web sites covering California and Arizona and produces several specialized information services. 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. Si vous souhaitez personnaliser vos choix, cliquez sur Grer les paramtres de confidentialit. 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. Detailed company description & address for Daily Journal Corp.. .This article first appeared on GuruFocus. 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 . 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. Here are further demographic highlights of the leadership team: The Daily Journal executive team is 33% female and 67% male. Who steps up. 11% of Daily Journal employees are Black or African American. Keeping this cookie enabled helps us to improve our website. It is made available only to Daily Journal subscribers for personal . 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. 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. Journal Technologies, Inc. is a wholly owned subsidiary and supplies case management software systems and related products to courts and other justice agencies. The CEO Magazine. 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. Precise information regarding Jerry Salzmans future plans was not immediately available. Daily Journal Corporation announced that On December 29, 2021, Gerald L. Salzman resigned from the Board of Directors of the Company. Who is sorry. The Daily Journal's publications carry commercial advertising, and most also contain public notice advertising. March 28, 2022 07:00 ET | Source: Daily Journal. Its chairman is Steven Myhill-Jones. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. This is the property of the Daily Journal Corporation and fully protected by copyright. mesurer votre utilisation de nos sites et applications. Daily Journal Corp publishes newspapers and web . We disclaim any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments, or otherwise. 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. Who stumbles. Who resigns. 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 goes ahead. Whos in. It is the end of an era. 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. Who hurts. 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. On average, Daily Journal executives and independent directors trade stock every 30 days with the average trade being worth of $320,430. Chief Executive Officer. 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.. Who speaks. International stock quotes are delayed as per exchange requirements. 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 has done pretty well. In early 2009, the Daily Journals coffers were sloshing with cash from printing foreclosure notices undertakers during a plague is how Munger describes it. And hes hungry to do more!, Jerry has spent more than half his life working at the Daily Journal, and hes 83 years old. Hoa To has been promoted to Assistant Controller of the company, and David Houston is now Editor-in-Chief of the Daily Journal newspapers. 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 means well. Daily Journal Corp publishes newspapers and web sites covering California and Arizona and produces several specialized information services. 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. Who steps back. Who is over. The average employee at Daily Journal makes $43,729 per year. 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.