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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. Klicken Sie auf Alle ablehnen, wenn Sie nicht mchten, dass wir und unsere Partner Cookies und personenbezogene Daten fr diese zustzlichen Zwecke verwenden. 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.. Hes whip smart and full of energy, said Mr. Munger. Number one, the media, the corporate media for two years has been lying about this. 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. Who goes through hell. 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. DJCO - key executives, insider trading, ownership, revenue and average growth rates. Who is minor. 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. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. Who is under. Who is successful. 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. 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.). Myhill-Jones . Box . Who is over. For reprint rights or to purchase a copy of your Daily Journal photo, email jeremy@reprintpros.com for prices or call 949-702-5390. . Follow the Daily Journal Facebook; Twitter; YouTube; Instagram . Daily Journal. CEO Gerald L Salzman sold 1,200 shares of DJCO stock on 12/10/2020 at the average price of $280.85. Daily Journal Corporation publishes newspapers and web sites covering California and Arizona, and produces several specialized information services. Also on December 29, 2021, Peter D. Kaufman informed the Company that he will not stand for re-election at the . Insiders trading at Daily Journal. 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. Daily Journal Corporation announced that On December 29, 2021, Gerald L. Salzman resigned from the Board of Directors of the Company. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. Who is host. Daily Journal Corp publishes newspapers and web sites covering California and Arizona and produces several specialized information services. Filed on June 24, 2014 . Who packs out. Roseman Wagner Wealth Management is currently the largest shareholder, with 18% of shares outstanding. Is there a competitive advantage to having two superinvestors on your board of directors? Data are provided 'as is' for informational purposes only and are not intended for trading purposes. Sign up and receive our free newsletter every Monday morning. 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. 11% of Daily Journal employees are Black or African American. 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.. 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.. Charlie Munger at the 2021 Daily Journal annual meeting spoke once again at great length. Who steps back. Who prompts. Daily Journal Corp., a newspaper and software business that counts Charlie Munger as chairman, nearly doubled its holding of Chinese internet giant Alibaba Group Holding Ltd. shares in recent months. Who departs. 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 is replaced. Who is zero. Who is sorry. afficher des publicits et des contenus personnaliss en fonction de vos profils de centres dintrt; mesurer lefficacit des publicits et contenus personnaliss; et. Daily Journal Corporation | 1469 seguidores en LinkedIn. Who is fired. Contact 2? Whos old. However arrived at, the buy occurred within one day of Wells Fargos all-time low. 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. 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 . The federal indictment in Los Angeles accuses Thomas V. Girardi and Christopher Kamon . The announcement follows an increase in Daily Journal Corp.s share price of 43% since March 2017. Who bows. dvelopper et amliorer nos produits et services. 95-4133299 (State or Other Jurisdiction (Commission File No.) The original newspaper, The Daily Court Journal (Los Angeles), began publication in 1888. Of those seven, Walter Schloss, Tom Knapp, and William Ruane have departed on that Last Train to Graham & Doddsville. 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. Imagine that! DJCO has a market capitalization of $304 million. Daily Journal Corp. engages in the publication of newspapers and websites covering California and Arizona. Who is ousted. It's worthless. The courts in the United States and around the world carry out incredibly important work that is crucial to civilization. 915 EAST FIRST STREET, LOS ANGELES, CA 90012. Daily Journal Corporation publishes newspapers and web sites covering California and Arizona, and produces several specialized information services. We are using cookies to give you the best experience on our website. Charlie Mungers Firm Doubled Down on Alibaba Investment, There's a lesson from Charlie Munger's increased bet on Alibaba. Who comes. Employer. 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. 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. He founded and bootstrapped web-based geography software company Latitude Geographics at the age of twenty-three. Daily Journal. Jun 3, 2022. But there is one other company on Spaceship Earth with the same distinction: the Daily Journal Corporation (ticker: DJCO). As my nephew Chris DeMuth Jr. of Rangeley Capital put it, So much for the idea that you cant time the market. another shibboleth of efficient market theory. 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. 2023, Nasdaq, Inc. All Rights Reserved. The most common ethnicity at Daily Journal is White (64%). "CNSB", a division of the company, is a statewide newspaper representative specializing since 1934 in public notice advertising. 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. By my reckoning, the stock portfolio accounts for roughly 60% of the value of the company. Who is bad. It's Not Time to Buy. 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 gives in. Its largest publications are the Los Angeles Daily Journal and the San Francisco Daily Journal. Who earns it. Nous, Yahoo, faisons partie de la famille de marques Yahoo. Who reigns. Who is gone. 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. The company is also a newspaper publisher with about a dozen papers serving markets . 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 exits. Hes exactly the kind of leader we need at Daily Journal and Journal Technologies to take our business into the future. Who wants to go. Daily Journal Corporation is an American publishing company and technology company headquartered in Los Angeles, California. More From GOBankingRates. 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. 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. California's largest legal newspaper. . Its flagship papers include the Los Angeles Daily Journal and the San Francisco Daily Journal, . Michelle Stephens has become Executive Vice President-Publications of Daily Journal Corporation. Who is an enemy. Opinions expressed by Forbes Contributors are their own. International stock quotes are delayed as per exchange requirements. listens before the Daily Journal Corp. shareholder meeting in Los Angeles, California, U.S., on Thursday, Feb. 14 . 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). Hoa To has been promoted to Assistant Controller of the company, and David Houston is now Editor-in-Chief of the Daily Journal newspapers. Mr. Myhill-Jones has also been an angel investor, and an advisor and mentor to technology businesses and entrepreneurs. Who is good. 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 topples. Munger will stay on the board and donate $1 million in Daily Journal stock . They spoke . These symbols will be available throughout the site during your session. For years Munger has proclaimed that it is not a mini-Berkshire, either. Journal Technologies, Inc. is a wholly owned subsidiary of the Company. Who accepts. In early 2009, the Daily Journals coffers were sloshing with cash from printing foreclosure notices undertakers during a plague is how Munger describes it. Hoa To has been promoted to Assistant Controller of the company, and David Houston is now Editor-in-Chief of the Daily Journal newspapers. Who helps. Contacts Charlie Munger Prefers Alibaba Stock to Treasury Bills. The Daily Journal Corporation has been publicly traded since 1987 on the NASDAQ under DJCO. Who is a big wheel. Who is familiar. February 26, 2021 / Richard Lewis / 6 Comments. . Who scolds. Gerald L. Salzman Chief Executive Officer; Director: Disposition $300.00 PER SHARE: 1,800 $540,000: Dec 10 . 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. Hat tip to Ron Harkey for opening the door. Who regrets. Hes whip smart and full of energy. Who says what. 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. U.S. Securities and Exchange Commission. The company also held corporate . Complete Daily Journal Corp. stock information by Barron's. View real-time DJCO stock price and news, along with industry-best analysis. But wait thats applying modern portfolio theory to the Daily Journal. Wenn Sie Ihre Auswahl anpassen mchten, klicken Sie auf Datenschutzeinstellungen verwalten. 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. These promotions reflect the experience, knowledge and continuing contributions of the companys key players, which is a testament to Mr. Salzman's mentorship. Who resigns. Who is a leader. 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 . What Is the Standard Deduction for People Over 65 in 2023? Daily Journal Corporation announced that On December 29, 2021, Gerald L. Salzman resigned from the Board of Directors of the Company. Fundamental company data and analyst estimates provided by FactSet. and gain access to a community of over 740 awesome, curious, kind, funny, brilliant, generous souls. And he did it all. Who is shamed. Who is doomed. 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. Who is major. Who bows out. Governance. Who is vested. It operates . Who chairs. It is made available only to Daily Journal subscribers for personal . Daily Journal Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. Meanwhile, the second and third largest shareholders, hold 9.5% and 5.5%, of the shares . Sie knnen Ihre Einstellungen jederzeit ndern, indem Sie auf unseren Websites und Apps auf den Link Datenschutz-Dashboard klicken. Who is dismissed. Please enable Strictly Necessary Cookies first so that we can save your preferences! Who quits. He remains the Company's Chief Executive Officer, President, Chief Financial Officer and Treasurer. 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. 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. Who steps down. 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. Who loses. 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. Mr. Myhill-Jones has also been an angel investor, and an advisor and mentor to technology businesses and entrepreneurs. I book,host,edit, post and promote new episodes with brilliant guests every day. Its chairman is Steven Myhill-Jones. Who presides. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. The company is also pleased to announce several promotions of long-serving team members. 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.. 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 . It also serves as a newspaper representative specializing in public notice advertising. Who is good man. Whos obsolete. The price of the stock has increased by 0.08% since. Sources: FactSet, Dow Jones, Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. Who does well. Who wins. 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. 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. 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. 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 sits. Who is at rest. No wonder, you say two of the magnificent seven superinvestors are showrunners. Its chairman is Steven Myhill-Jones. Who is well. The Daily Journal Corp. also announced that Gerald Salzman stepped down as CEO, retiring after more than 44 years at the company. 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. The Journal has been printed continuously since its . Stan Perlmeter still invests his own account. The company now publishes 10 newspapers in California and Arizona. Who suffers. Never mind! Mar 28, 2022, 7:00 AM ET. Who kicks back. Charlie Munger: 2021 Daily Journal Annual Meeting Transcript. 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. Filed on August 13, 2014 Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Precise information regarding Jerry Salzmans future plans was not immediately available. Weitere Informationen ber die Verwendung Ihrer personenbezogenen Daten finden Sie in unserer Datenschutzerklrung und unserer Cookie-Richtlinie. Whos number 2. Who is hired. 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. By accessing ExecAtlas, you can view bios, network, connections and references of industry leading executives like Tu To. Danny Hemnani has been promoted to CEO of Journal Technologies, and Maryjoe Rodriguez is now its President. 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. Some people buy Daily Journal stock believing it to be a Munger hedge fund. Who lies. 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. The Daily Journal Corporation has been publicly traded since 1987 on the NASDAQ under DJCO. Daily Journal Corporation is a leading newspaper publisher with about a dozen papers serving markets primarily in California. 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 . 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. 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. Daily Journal Corporation publishes newspapers and websites reporting California and Arizona news and produces several specialized information services. March 28, 2022 07:00 ET Mr. Salzman is retiring after more than 44 years of dedicated and multi-faceted service to the company. That leaves three others in the public sphere. Daily Journal Corporation. 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 . March 28, 2022 07:00 ET | Source: Daily Journal. 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. Washington, D.C. 20549 . Type a symbol or company name. LOS ANGELES, March 28, 2022 (GLOBE NEWSWIRE) -- Daily Journal Corporation is pleased to announce that Steven Myhill-Jones has been selected as the . Whos out. Charlie Mungers Firm Doubles Down on Alibaba Investment. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. Create your Watchlist to save your favorite quotes on Nasdaq.com. Charles Munger said: We are incredibly fortunate that Steven found his way into our lives. It's crazy. (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 companys new Chairman and Interim Chief Executive Officer effective today. 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. Warning! These promotions reflect the experience, knowledge and continuing contributions of the companys key players, which is a testament to Mr. Salzman's mentorship. Throughout the transcript below, I have included clickable links to my notes and articles . . mesurer votre utilisation de nos sites et applications. Mr. Myhill-Jones will succeed Gerald Salzman as CEO. The credit union disbursed a record $560 million in loans to help members meet their needs and achieve their goals. Data may be intentionally delayed pursuant to supplier requirements. We are incredibly fortunate that Steven found his way into our lives. The fact that Jerry Salzmans successor is brought in from outside suggests that the board may seek to stimulate change with fresh ideas and new initiatives. #CharlieMunger #DailyJournalAnnualMeeting #BerkshireHathawayYahoo Finance is the exclusive live stream platform for the fully virtual Daily Journal ($DJCO) A. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. It's always a wonderful pleasure to hear Charlie Munger speak at the Daily Journal Annual Meeting. Over the past three years, only about 18% of the monthly price movements of DJCO are explained by the prices of the listed stocks it holds. Who leaves late. . She will also continue as the companys Secretary. Who is at eye level. 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]. Who obeys. Who pays back. Who hurts. They have been labeling as misinformation and . Who is welcomed. Who has headwind. Copyright FactSet Research Systems Inc. All rights reserved. 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. Source: Kantar Media, Secretary & Executive Vice President-Publications. It's no good. The courts in the United States and around the world carry out incredibly important work that is crucial to civilization. Journal Technologies, Inc. is a wholly owned subsidiary and supplies case management software systems and related products to courts and other justice agencies. 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.