The federal indictment in Los Angeles accuses Thomas V. Girardi and Christopher Kamon . How to assess the Push-out Score: a 10-step guide. 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. 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 contributes. 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. The average employee at Daily Journal makes $43,729 per year. Who is shamed. Charles T. Munger, who is also vice chairman of Berkshire Hathaway, is the former chairman and a current director. Who has a vote. From accounts, Buffett was like a kid in a candy store. Charlie Munger will leave his role as chairman of Daily Journal, according to a regulatory filing Monday. They have been labeling as misinformation and . It also serves as a newspaper representative specializing in public notice advertising. 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. 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. We keep you up to date on the latest CEO changes. The announcement follows an increase in Daily Journal Corp.s share price of 43% since March 2017. Who goes ahead. Who is hostile. Detailed company description & address for Daily Journal Corp.. Opinions expressed by Forbes Contributors are their own. Who is minor. 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. For the complete insider trading history of DJCO, click here. 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. By accessing ExecAtlas, you can view bios, network, connections and references of industry leading executives like Tu To. The company now publishes 10 newspapers in California and Arizona. . 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 is last. Mr. Myhill-Jones is a Canada-based technology executive, entrepreneur and investor. Daily Journal Corp. engages in the publication of newspapers and websites covering California and Arizona. What Is the Standard Deduction for People Over 65 in 2023? We disclaim any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments, or otherwise. Stan Perlmeter still invests his own account. Who is sad. Who signs. Who is familiar. Contact 2? 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. 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 thrilled. 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. Who is chief. 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 crumbles. Who serves. Washington, D.C. 20549 . His ability to wear so many hats was a crucial part of what helped our little company grow, evolve and expand. CEO Steven Myhill-Jones Number Of Employees 315 Sector Consumer Services. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. 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. Filed on June 24, 2014 . 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. The Company operates through two segments: Traditional Business and Journal Technologies. Who can say it? The Traditional Business segment publishes newspapers of general circulation. Ms. Rodriguez is the Vice President and Chief Operating Officer of Journal Technologies Inc., a subsidiary of the Company. LOS ANGELES, March 28, 2022 (GLOBE NEWSWIRE) -- Daily Journal Corporation is pleased to announce that Steven Myhill-Jones has been selected as the company . Employer. AIC President/CEO,RiskPro Insurance Services, Inc. P.O. 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. View detailed DJCO description & address. U.S. Securities and Exchange Commission. Who is hired. 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. We are a source of information, inspiration and motivation for the world's most successful leaders, executives, investors and entrepreneurs. Is there a competitive advantage to having two superinvestors on your board of directors? 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. Possibly. 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 . It's Not Time to Buy. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. It's worthless. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. 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. listens before the Daily Journal Corp. shareholder meeting in Los Angeles, California, U.S., on Thursday, Feb. 14 . If efficient market theory were correct in claiming that all available information is priced into stocks, leaving the market price as the best estimate of true value, Buffett wondered how value investors had managed to beat the market by such wide margins. Who fights for honor. Gerald L. Salzman Chief Executive Officer; Director: Disposition $300.00 PER SHARE: 1,800 $540,000: Dec 10 . The most common ethnicity at Daily Journal is White (64%). Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. 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. Myhill-Jones will succeed Gerald Salzman as CEO. Girardi, 2 others charged with stealing $18M from clients. Danny Hemnani has been promoted to CEO of Journal Technologies, and Maryjoe Rodriguez is now its President. Re: Daily Journal Corporation (the "Company") Form 10-K for Fiscal Year Ended September 30, 2013 . Charlie Munger Prefers Alibaba Stock to Treasury Bills. 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. DJCO has a market capitalization of $304 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. Who is doomed. Who is invested. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. International stock quotes are delayed as per exchange requirements. Daily Journal Corporation announced that On December 29, 2021, Gerald L. Salzman resigned from the Board of Directors of the Company. Who is down. 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 sits. Crypto? 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. The original newspaper, The Daily Court Journal (Los Angeles), began publication in 1888. Not a bad profit considering that they paid $2 million for it in 1977. March 28, 2022 07:00 ET Insiders trading at Daily Journal. 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. 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. Who stumbles. Who leaves for good. 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. Currently, Peter D. Kaufman holds the position of Chairman & Chief Executive Officer of Glenair, Inc. Veta Richardson's book is "Take Six: Essential Habits To Own Your Destiny, Overcome Challenges, And Unlock Opportunities." . 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.. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Who is honored. Who mourns. Who is silent. Hes whip smart and full of energy, said Mr. Munger. Who says what. 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. Daily Journal Corporation has 3 current employee profiles, including Chairman & Interim CEO Steven Myhill-Jones. Also on December 29, 2021, Peter D. Kaufman informed the Company that he will not stand for re-election at the . Daily Journal Corporation | 1469 seguidores en LinkedIn. 18% of Daily Journal management is Hispanic or Latino. 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. Its largest publications are the Los Angeles Daily Journal and the San Francisco Daily Journal. Who means well. Who is successor. Daily Journal Corporation is a leading newspaper publisher with about a dozen papers serving markets primarily in California. Munger says the company is now a venture capital-type situation. Steven Myhill-Jones will succeed Salzman as CEO. Who wants to go. The Daily Journal Corp. also announced that Gerald Salzman stepped down as CEO, retiring after more than 44 years at the company. Heres Why. Who tumbles. Who is at rest. Hoa To has been promoted to Assistant Controller of the company, and David Houston is now Editor-in-Chief of the Daily Journal newspapers. dvelopper et amliorer nos produits et services. Daily Journal. 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 . Copy and paste multiple symbols separated by spaces. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. 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. Governance. Follow the Daily Journal Facebook; Twitter; YouTube; Instagram . 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. She will also continue as the companys Secretary. The price of the stock has increased by 0.08% since. 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. International stock quotes are delayed as per exchange requirements. Who leaves early. It . Who chairs. I want for this gift to reflect the confidence I have in the existing team and Stevens new leadership, Mr. Munger said. The Daily Journal's publications carry commercial advertising, and most also contain public notice advertising. Whos old. 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. Daily Journal Corporation is an American publishing company and technology company headquartered in Los Angeles, California. They also have listed positions in Bank of America and US Bankcorp in a highly concentrated portfolio (a half-dozen positions) that would give modern portfolio theorists the heebie-jeebies. 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. 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. 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. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Its impossible to imagine a more capable manager or better teacher, and the shareholders of the company owe Jerry a big debt of gratitude.. 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. 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. Who is an enemy. Daily Journal 1 Dearborn Square, Suite 200 Kankakee, IL 60901 Phone: 815-937-3322 Email: editors@daily-journal.com. Meanwhile, the second and third largest shareholders, hold 9.5% and 5.5%, of the shares . Who leaves late. Who steps back. Daily Journal Corporation announced that On December 29, 2021, Gerald L. Salzman resigned from the Board of Directors of the Company. Who is over. 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 . 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. Source: FactSet. Its board is also stacked with two superinvestors: Charlie Munger and Rick Guerin. Some people buy Daily Journal stock believing it to be a Munger hedge fund. 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 kicks back. Source: FactSet. 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. California's largest legal newspaper. Daily Journal has 250 employees, of which 12 are in a leadership position. 0-14665. For reprint rights or to purchase a copy of your Daily Journal photo, email jeremy@reprintpros.com for prices or call 949-702-5390. . Joseph Jezerinac and Kaushik Mehta are now the Co-Chief Technology Officers of Journal Technologies. 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. Who bows. For years Munger has proclaimed that it is not a mini-Berkshire, either. Who congratulates. 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. 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. Daily Journal Corporation. By my reckoning, the stock portfolio accounts for roughly 60% of the value of the company. Who accepts. On December 29, 2021, Maryjoe Rodriguez was appointed to the Board to fill the vacancy created with Mr. Salzman's resignation. (I.R.S. Who keeps going. 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. 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. The Rest of the Portfolio. Who comes. They spoke . 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]. "CNSB", a division of the company, is a statewide newspaper representative specializing since 1934 in public notice advertising. Who is zero. 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 is bad. Form 10-Q for the Quarter Ended December 31, 2013 . Who is selected. It operates through the Traditional Business and Journal Technologies segments. Who is gone. 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. Daily Journal Corp. engages in the publication of newspapers and websites covering California and Arizona. Who designs. Who is family. It was too cheap, explains Munger. 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. At this rate, he'll likely (hopefully) reach the longevity of Irving Kahn. Source: Kantar Media, Secretary & Executive Vice President-Publications. On average, Daily Journal executives and independent directors trade stock every 30 days with the average trade being worth of $320,430. The major types of public notice advertisers are real estaterelated businesses and trustees, governmental agencies, attorneys and businesses or individuals filing fictitious business name statements. Who scolds. Who is there. It is the end of an era. 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. Mr. Salzman is retiring after more than 44 years of dedicated and . Who goes behind. . Who is confidant. Who heals. 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. Who has headwind. These symbols will be available throughout the site during your session. Heathrow CEO says wealthy 'should pay' aviation transition to greener fuels. Who is vested. Charlie Munger. The Daily Journal Corporation has been publicly traded since 1987 on the NASDAQ under DJCO. Do Not Sell My Personal Information (CA Residents Only). Cryptocurrencies: Cryptocurrency quotes are updated in real-time. Contacts 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 . 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. Keeping this cookie enabled helps us to improve our website. Who recovers. The oldest executive at Daily Journal Corporation is Charles Munger, 96, who is the Chairman of the Board. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. Michelle Stephens has become Executive Vice President-Publications of Daily Journal Corporation. Who assists. Who is blamed. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. It operates . Contact 3 . Myhill-Jones . The courts in the United States and around the world carry out incredibly important work that is crucial to civilization. Who presides. It is made available only to Daily Journal subscribers for personal . 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. All rights reserved. Who is first. 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. That leaves three others in the public sphere. WARREN, Ohio - Loans drive the engine of any financial institution and it was full steam ahead for 717 Credit Union in 2022. Daily Journal Corp publishes newspapers and web . 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.. Who steps down. 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.