Jerry Salzman became CEO of the Company in 1986. Who is victim. 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 will be back. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Meanwhile, the second and third largest shareholders, hold 9.5% and 5.5%, of the shares . [2][3][4], The original newspaper, The Daily Court Journal (Los Angeles), began publication in 1888. Who leaves. GuruFocus has detected 4 Warning Sign with UPWK. 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 . Company profile for Daily Journal Corp. including key executives, insider trading, ownership, revenue and average growth rates. 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 is up. Charlie Munger Prefers Alibaba Stock to Treasury Bills. 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. 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. Who assists. Who is a friend. Currently, Peter D. Kaufman holds the position of Chairman & Chief Executive Officer of Glenair, Inc. --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 is silent. Hat tip to Ron Harkey for opening the door. Who pays. Who is dismissed. Munger says the company is now a venture capital-type situation. Who leaves late. . Governance. Type a symbol or company name. Who is selected. It was too cheap, explains Munger. Nous, Yahoo, faisons partie de la famille de marques Yahoo. Follow the Daily Journal Facebook; Twitter; YouTube; Instagram . Who wants to go. 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. Daily Journal Corporation publishes newspapers and websites covering in California, Arizona, and Utah. The company is also pleased to announce several promotions of long-serving team members. Source: FactSet. Mr. Myhill-Jones has also been an angel investor, and an advisor and mentor to technology businesses and entrepreneurs. Daily Journal Corp. engages in the publication of newspapers and websites covering California and Arizona. Employer. 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. Hoa To has been promoted to Assistant Controller of the company, and David Houston is now Editor-in-Chief of the Daily Journal newspapers. It operates . On average, Daily Journal executives and independent directors trade stock every 30 days with the average trade being worth of $320,430. 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. [citation needed]. Who is well. 1,574 followers. 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. Insiders trading at Daily Journal. Who is a big wheel. About Daily Journal Corp. (S.C.) 915 EAST FIRST STREET, LOS ANGELES, California, 90012, United States +1 213 229-5300 https://www.dailyjournal.com. Whos number 2. President and CEO, 717 Credit Union. Daily Journal Corp publishes newspapers and web sites covering California and Arizona and produces several specialized information services. In general, an outsider does not have the constraints of an insider when it comes to leading painful changes or making unpopular decisions. Mr. Gerald L. Salzman has been President at Daily Journal Corporation since 1986 and serves as its Chief Executive Officer, Chief Financial Officer, Treasurer, Chief Accounting Officer, Assistant Secretary and Director. Who resigns. . Who is good. Who is family. Who earns it. Who is welcomed. Munger will stay on the board and donate $1 million in Daily Journal stock . Who has a vote. Is there a competitive advantage to having two superinvestors on your board of directors? Daily Journal 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. Who is honored. Data may be intentionally delayed pursuant to supplier requirements. Who is last. 19 % Approve of CEO. Who wins. Employees: 290. Daily Journal. 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). 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. February 26, 2021 / Richard Lewis / 6 Comments. Source: Daily Journal Corporation on 12/30/2022 Sign up for Equilar ExecAtlas and view Tu To's full profile. 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 . Who is bad man. 10% of the management team is Black or African American. The meeting was held on February 24, 2021. 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 is blamed. Whos number 1. Veta Richardson's book is "Take Six: Essential Habits To Own Your Destiny, Overcome Challenges, And Unlock Opportunities." . Gerald L. Salzman Chief Executive Officer; Director: Disposition $300.00 PER SHARE: 1,800 $540,000: Dec 10 . Who bows out. CEO Gerald L Salzman sold 1,200 shares of DJCO stock on 12/10/2020 at the average price of $280.85. Who commands. Chief Executive Officer and Chairman of the Board. 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]. 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 . Data are provided 'as is' for informational purposes only and are not intended for trading purposes. The Traditional Business segment publishes newspapers of general circulation. Joseph Jezerinac and Kaushik Mehta are now the Co-Chief Technology Officers of Journal Technologies. Throughout the transcript below, I have included clickable links to my notes and articles . 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. Stan Perlmeter still invests his own account. Click here to check it out. Journal Technologies, Inc. is a wholly owned subsidiary and supplies case management software systems and related products to courts and other justice agencies. Mr. Myhill-Jones will succeed Gerald Salzman as CEO. These symbols will be available throughout the site during your session. Who goes behind. Hoa To has been promoted to Assistant Controller of the company, and David Houston is now Editor-in-Chief of the Daily Journal newspapers. Like it or not, the Daily Journal travels to the beat of a different drum. Who has to go. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. I am incredibly excited about this opportunity to learn from and work with the team at the Daily Journal and Journal Technologies, said Mr. Myhill-Jones. Latitude (now VertiGIS) grew to a global client base of 1,400 clientsfrom small municipalities to Fortune 500 companies and the United Nationsbefore being acquired in 2017. Who is familiar. Charlie Mungers Firm Doubles Down on Alibaba Investment. 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. 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. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to have been correct. Its flagship papers include the Los Angeles Daily Journal and the San Francisco Daily Journal, . Who is left. 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 sits. Who speaks. Who is right. Who is zero. To subscribe, click here. 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. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Ms. Rodriguez is the Vice President and Chief Operating Officer of Journal Technologies Inc., a subsidiary of the Company. Who is big kahuna. The credit union disbursed a record $560 million in loans to help members meet their needs and achieve their goals. 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. Journal Technologies has distinguished itself in the market with a browser-based case management system that is a highly configurable business processing engine that is the centerpiece for document management and e-filing. 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]. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. 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. 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. 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. They spoke . Hes exactly the kind of leader we need at Daily Journal and Journal Technologies to take our business into the future. 18% of Daily Journal management is Hispanic or Latino. 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. 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.. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. His ability to wear so many hats was a crucial part of what helped our little company grow, evolve and expand. Who recovers. 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 has a say. and gain access to a community of over 740 awesome, curious, kind, funny, brilliant, generous souls. 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. It's worthless. DJCO has a market capitalization of $304 million. 61% of the management team is White. With the legal publishing biz in decline, Daily Journal has acquired new enterprisesto muscle into the legal software market. This website uses cookies so that we can provide you with the best user experience possible. Heres Why. Who steps down. Daily Journal has 250 employees, of which 12 are in a leadership position. Mr. Salzman is retiring after more than 44 years of dedicated and multi-faceted service to the company. Charlie Munger. 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. They have been labeling as misinformation and . Some people buy Daily Journal stock believing it to be a Munger hedge fund. Charles T. Munger, who is also vice chairman of Berkshire Hathaway, is the former chairman and a current director.. Publishing business. We are incredibly fortunate that Steven found his way into our lives. Who suffers. 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. Who is missed. 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 not named. Daily Journal Corporation is a leading newspaper publisher with about a dozen papers serving markets primarily in California. call 866-531-1492 or email subscribe@dailyjournal.com This is the property of the Daily Journal Corporation and fully protected by copyright. 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. Fundamental company data and analyst estimates provided by FactSet. He is also on the board of Daily Journal Corp. and California Institute of Technology. Who is bad. Who is confidant. Who soothes. 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 . 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 is down. 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 . 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. He acted as the Companys Chief Executive Officer, Chief Financial Officer, Treasurer and Assistant Secretary. Buffett cited seven individual superinvestors (two others were multi-manager funds). Copyright FactSet Research Systems Inc. All rights reserved. Jun 3, 2022. Who leaves for good. 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. Whos obsolete. 4d. It is the end of an era. 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 mourns. Klicken Sie auf Alle ablehnen, wenn Sie nicht mchten, dass wir und unsere Partner Cookies und personenbezogene Daten fr diese zustzlichen Zwecke verwenden. Its board is also stacked with two superinvestors: Charlie Munger and Rick Guerin. Mr. Myhill-Jones has also been an angel investor, and an advisor and mentor to technology businesses and entrepreneurs. Its impossible to imagine a more capable manager or better teacher, and the shareholders of the company owe Jerry a big debt of gratitude.. . She will also continue as the companys Secretary. Who is vested. 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. 100 F Street, N.E. Its impossible to imagine a more capable manager or better teacher, and the shareholders of the company owe Jerry a big debt of gratitude.. 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. California's largest legal newspaper. Who is thrilled. Michelle Stephens has become Executive Vice President-Publications of Daily Journal Corporation. 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.). Who is hostile. Daily Journal Corporation is an American publishing company and technology company headquartered in Los Angeles, California. Who exits. By accessing ExecAtlas, you can view bios, network, connections and references of industry leading executives like Tu To. Who topples. Si vous souhaitez personnaliser vos choix, cliquez sur Grer les paramtres de confidentialit. Who is hero. Gerald L. Salzman served on the Companys Board of Directors from 1986 until December 2021. Mr. Salzman is retiring after more than 44 years of dedicated and . Whos out. Copy and paste multiple symbols separated by spaces. Steven Myhill-Jones will succeed Salzman as CEO. Who is over. Mr. Myhill-Jones is a Canada-based technology executive, entrepreneur and investor. Who pays back. 14% of Daily Journal employees are Hispanic or Latino. Of those seven, Walter Schloss, Tom Knapp, and William Ruane have departed on that Last Train to Graham & Doddsville. Who departs. The original newspaper, The Daily Court Journal (Los Angeles), began publication in 1888. Imagine that! Who fits. For years Munger has proclaimed that it is not a mini-Berkshire, either. Create your Watchlist to save your favorite quotes on Nasdaq.com. 2023, Nasdaq, Inc. All Rights Reserved. A director, President, CEO and CFO, said Mr. Munger. Charlie Munger at the 2021 Daily Journal annual meeting spoke once again at great length. Possibly. 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. . 95-4133299 (State or Other Jurisdiction (Commission File No.) Who has tailwind. Who packs in. Who is good man. Hes exactly the kind of leader we need at Daily Journal and Journal Technologies to take our business into the future. Daily Journal Corporation has 1 board member or advisor, Charles Munger . Who is fired. Who fights for honor. Who is Who. We disclaim any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments, or otherwise. Journal Technologies, Inc. is a wholly owned subsidiary and supplies case management software systems and related products to courts and other justice agencies. Who regrets. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. Who heals. Weitere Informationen ber die Verwendung Ihrer personenbezogenen Daten finden Sie in unserer Datenschutzerklrung und unserer Cookie-Richtlinie. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to have been correct. 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. However arrived at, the buy occurred within one day of Wells Fargos all-time low. Alibaba Stock Is Rebounding. We are using cookies to give you the best experience on our website. Mr. Myhill-Jones is a Canada-based technology executive, entrepreneur and investor. Who loses. No wonder, you say two of the magnificent seven superinvestors are showrunners. Who contributes. 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 is gone. 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. Who obeys. Daily Journal Corp. company facts, information and financial ratios from MarketWatch. Today, Wells Fargo sells for $58 a share, and Daily Journal owns about $90 million worth. 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. Who benefits. 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 is hired. Mr. Myhill-Jones will succeed Gerald Salzman as CEO. But the jury is out. Source: Kantar Media, Secretary & Executive Vice President-Publications. Complete Daily Journal Corp. stock information by Barron's. View real-time DJCO stock price and news, along with industry-best analysis. I am incredibly excited about this opportunity to learn from and work with the team at the Daily Journal and Journal Technologies, said Mr. Myhill-Jones. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. View detailed DJCO description & address. Danny Hemnani has been promoted to CEO of Journal Technologies, and Maryjoe Rodriguez is now its President. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. Division of Corporate Finance. On December 29, 2021, Maryjoe Rodriguez was appointed to the Board to fill the vacancy created with Mr. Salzman's resignation. Whos old. She will also continue as the companys Secretary. The Daily Journal's publications carry commercial advertising, and most also contain public notice advertising. Who sees red. The price of the stock has increased by 10.75% since. Who is at eye level. March 28, 2022 07:00 ET | Source: Daily Journal. The company also held corporate . His ability to wear so many hats was a crucial part of what helped our little company grow, evolve and expand. Whos in. You can find out more about which cookies we are using or switch them off in settings. (exechange) Los Angeles, California, March 28, 2022 Jerry Salzman, chief executive of Daily Journal, leaves. The average employee at Daily Journal makes $43,729 per year. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. Daily Journal Corporation. 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.
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