Mr. Salzman is retiring after more than 44 years of dedicated and multi-faceted service to the company. Who is welcomed. Contacts Who is at eye level. Its impossible to imagine a more capable manager or better teacher, and the shareholders of the company owe Jerry a big debt of gratitude.. Alibaba Stock Is Rebounding. Who is gone. Who pays back. 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. Journal Technologies, Inc. is a wholly owned subsidiary and supplies case management software systems and related products to courts and other justice agencies. Who has the last word. Who is doomed. Hat tip to Ron Harkey for opening the door. 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. LOS ANGELES, March 28, 2022 (GLOBE NEWSWIRE) -- Daily Journal Corporation is pleased to announce that Steven Myhill-Jones has been selected as the company . 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. 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. Re: Daily Journal Corporation (the "Company") Form 10-K for Fiscal Year Ended September 30, 2013 . Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Source: FactSet. 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. Its chairman is Steven Myhill-Jones. Si vous souhaitez personnaliser vos choix, cliquez sur Grer les paramtres de confidentialit. Some people buy Daily Journal stock believing it to be a Munger hedge fund. I book,host,edit, post and promote new episodes with brilliant guests every day. Who is in quest. Who signs. Box . The company has offices in Corona, Oakland, Riverside, Sacramento, San Diego, San Francisco, San Jose, and Santa Ana in California, and in Denver, Colorado; Logan, Utah; Phoenix, Arizona and Melbourne, Australia. We keep you up to date on the latest CEO changes. Girardi, 2 others charged with stealing $18M from clients. Who is fired. Hes exactly the kind of leader we need at Daily Journal and Journal Technologies to take our business into the future. 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.. Create your Watchlist to save your favorite quotes on Nasdaq.com. Veta Richardson's book is "Take Six: Essential Habits To Own Your Destiny, Overcome Challenges, And Unlock Opportunities." . Who is confidant. 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. Commercial advertising consists of display and classified advertising and the employment advertising marketplace. Detailed company description & address for Daily Journal Corp.. It is made available only to Daily Journal subscribers for personal . Employees: 290. Thursday's Progress Awards event featured speeches from Tim Nugent, president and CEO of the Economic Alliance of Kankakee County, and Kankakee Mayor Chris Curtis. Who assists. 1,574 followers. We are using cookies to give you the best experience on our website. Who designs. Daily Journal Corporation has 3 current employee profiles, including Chairman & Interim CEO Steven Myhill-Jones. Charlie Mungers Firm Doubles Down on Alibaba Investment. 11% of Daily Journal employees are Black or African American. Who commands. Division of Corporate Finance. By accessing ExecAtlas, you can view bios, network, connections and references of industry leading executives like Tu To. 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. Daily Journal has 250 employees, of which 12 are in a leadership position. Who leaves. (I.R.S. This is incredibly relevant on a number of fronts. 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. Who speaks. Daily Journal Corporation is a leading newspaper publisher with about a dozen papers serving markets primarily in California. Change value during other periods is calculated as the difference between the last trade and the most recent settle. 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. Who is shamed. Who is a friend. 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 humbled. Who topples. Type a symbol or company name. Who pays. Daily Journal Corp publishes newspapers and web sites covering California and Arizona and produces several specialized information services. Who has headwind. Who deserves it. 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. On average, employees at Daily Journal stay with the company for 4.4 years. Who crumbles. Source: Daily Journal Corporation on 12/30/2022 Sign up for Equilar ExecAtlas and view Tu To's full profile. 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.. By my reckoning, the stock portfolio accounts for roughly 60% of the value of the company. Who is a big wheel. 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. Legendary investor and polymath Charlie Munger, Berkshire Hathaway's vice-chairman and Warren Buffett's long-time business partner, headlined the Annual Meeting of Shareholders of the Daily Journal Corporation in Los Angeles on Wednesday.For nearly two hours, Munger, chairman of the Daily Journal's board, and Jerry Salzman, the company's CEO, fielded shareholder questions about topics ranging . Charlie Munger. But there is one other company on Spaceship Earth with the same distinction: the Daily Journal Corporation (ticker: DJCO). And hes hungry to do more!, Jerry has spent more than half his life working at the Daily Journal, and hes 83 years old. For years Munger has proclaimed that it is not a mini-Berkshire, either. Who is selected. Chief Financial Officer. 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 keeps going. She will also continue as the companys Secretary. Tu To, the companys long-time Controller, will become Chief Financial Officer, effective today. Whos obsolete. Mr. Myhill-Jones is a Canada-based technology executive, entrepreneur and investor. We disclaim any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments, or otherwise. 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. CEO: Steven Myhill-Jones. Who is sorry. Who is confident. It's always a wonderful pleasure to hear Charlie Munger speak at the Daily Journal Annual Meeting. The most common ethnicity at Daily Journal is White (64%). 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. 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 will be back. It is a generational change. Company profile for Daily Journal Corp. including key executives, insider trading, ownership, revenue and average growth rates. CEO Steven Myhill-Jones Number Of Employees 315 Sector Consumer Services. Who fits. Also on December 29, 2021, Peter D. Kaufman informed the Company that he will not stand for re-election at the . 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. Its impossible to imagine a more capable manager or better teacher, and the shareholders of the company owe Jerry a big debt of gratitude.. Hoa To has been promoted to Assistant Controller of the company, and David Houston is now Editor-in-Chief of the Daily Journal newspapers. 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. Who betrays. It's Not Time to Buy. Who departs. 10% of the management team is Black or African American. Hes exactly the kind of leader we need at Daily Journal and Journal Technologies to take our business into the future. Who goes through hell. Who is big kahuna. Who is minor. To me, Munger sounded slightly more optimistic this year than last. Steven Myhill-Jones is about 37 years younger than Jerry Salzman. His ability to wear so many hats was a crucial part of what helped our little company grow, evolve and expand. 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. 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. Who comes. Who recovers. 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. Once again, the wit and wisdom of Charlie Munger was on full display at the deceptively youthful age of 97! They spoke . On average, Daily Journal executives and independent directors trade stock every 30 days with the average trade being worth of $320,430. Munger became Chairman (because he was an attorney) with . Stan Perlmeter still invests his own account. Daily Journal Corp. engages in the publication of newspapers and websites covering California and Arizona. Charles T. Munger purchased the paper in 1977 and through a series of acquisitions and organic growth built it into a group of newspapers and websites that provide information on the legal industry, real estate and general business. 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. The price of the stock has increased by 10.75% since. Who is good. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. 19 % Approve of CEO. 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]. On December 29, 2021, Maryjoe Rodriguez was appointed to the Board to fill the vacancy created with Mr. Salzman's resignation. Hes whip smart and full of energy. Whos out. Whos in. The federal indictment in Los Angeles accuses Thomas V. Girardi and Christopher Kamon . CEO Gerald L Salzman sold 8,286 shares of DJCO stock on 12/22/2020 at the average price of $332. Not a bad profit considering that they paid $2 million for it in 1977. 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. It's crazy. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. Who lies. Filed on June 24, 2014 . 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. The company also held corporate . Contact 2? Whos number 1. 4d. Who has to go. Its board is also stacked with two superinvestors: Charlie Munger and Rick Guerin. Who is hostile. The company is also a newspaper publisher with about a dozen papers serving markets . Again. Mr. Myhill-Jones will succeed Gerald Salzman as CEO. Tu To, the companys long-time Controller, will become Chief Financial Officer, effective today. CEO Gerald L Salzman sold 1,800 shares of DJCO stock on 12/11/2020 at the average price of $300. Klicken Sie auf Alle ablehnen, wenn Sie nicht mchten, dass wir und unsere Partner Cookies und personenbezogene Daten fr diese zustzlichen Zwecke verwenden. 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. This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Daily Journal. 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. 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. The Company further stated: 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., Munger stated: I want for this gift to reflect the confidence I have in the existing team and Stevens new leadership. Click here to check it out. No wonder, you say two of the magnificent seven superinvestors are showrunners. Charles Munger said: We are incredibly fortunate that Steven found his way into our lives. Precise information regarding Jerry Salzmans future plans was not immediately available. Whos old. They decided to invest it in Wells Fargo stock (ticker: WFC), selling at $8 a share in the dregs of the financial crisis. Hes exactly the kind of leader we need at Daily Journal and Journal Technologies to take our business into the future.. #CharlieMunger #DailyJournalAnnualMeeting #BerkshireHathawayYahoo Finance is the exclusive live stream platform for the fully virtual Daily Journal ($DJCO) A. Who sits. Who reigns. Who tumbles. Who gives in. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. Warning! Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. Who earns it. Jun 3, 2022. The Company operates through two segments: Traditional Business and Journal Technologies. Who is at rest. Who prompts. Who is bad man. 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. 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. Copy and paste multiple symbols separated by spaces. 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. For reprint rights or to purchase a copy of your Daily Journal photo, email jeremy@reprintpros.com for prices or call 949-702-5390. . 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 is chief. AIC President/CEO,RiskPro Insurance Services, Inc. P.O. Daily Journal Corporation | 1469 seguidores en LinkedIn. His ability to wear so many hats was a crucial part of what helped our little company grow, evolve and expand. 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.
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