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. Who is praised. Division of Corporate Finance. Its impossible to imagine a more capable manager or better teacher, and the shareholders of the company owe Jerry a big debt of gratitude.. All rights reserved. About Daily Journal Corp. (S.C.) 915 EAST FIRST STREET, LOS ANGELES, California, 90012, United States +1 213 229-5300 https://www.dailyjournal.com. Who is over. Roseman Wagner Wealth Management is currently the largest shareholder, with 18% of shares outstanding. Si vous souhaitez personnaliser vos choix, cliquez sur Grer les paramtres de confidentialit. Journal Technologies, Inc. is a wholly owned subsidiary and supplies case management software systems and related products to courts and other justice agencies. The price of the stock has increased by 0.08% since. Who resigns. Charlie Munger will leave his role as chairman of Daily Journal, according to a regulatory filing Monday. And he did it all. Contacts 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. Charlie Munger Prefers Alibaba Stock to Treasury Bills. 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. Munger will stay on the board and donate $1 million in Daily Journal stock . Who sees green. Who comes. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. 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. Who is familiar. CEO of Daily Journal Corp (30-Year Financial, Insider Trades) Gerald L Salzman (insider trades) sold 8,286 shares of DJCO on 12/22/2020 at an average price of $332 a share. Who is bad man. He remains the Company's Chief Executive Officer, President, Chief Financial Officer and Treasurer. Klicken Sie auf Alle ablehnen, wenn Sie nicht mchten, dass wir und unsere Partner Cookies und personenbezogene Daten fr diese zustzlichen Zwecke verwenden. Nous, Yahoo, faisons partie de la famille de marques Yahoo. 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.). Charles T. Munger, who is also vice chairman of Berkshire Hathaway, is the former chairman and a current director.. Publishing business. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. 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. 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. 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. 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 have been labeling as misinformation and . Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. . At this rate, he'll likely (hopefully) reach the longevity of Irving Kahn. Whos out. For years Munger has proclaimed that it is not a mini-Berkshire, either. It consists of the combined operations of Sustain Technologies, Inc., established in the mid-1980s and acquired by the Daily Journal Corporation in 1999; New Dawn Technologies, Inc., acquired in 2012; and ISD Technologies, Inc., acquired in 2013. Steven Myhill-Jones will succeed Salzman as CEO. Who is confident. The price of the stock has increased by 18.31% since. Charles T. Munger, who is also vice chairman of Berkshire Hathaway, is the former chairman and a current director. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. All rights reserved. Who assists. Who is welcomed. 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. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Who will be back. Whos number 1. Who loses. Who is there. Treasurer : Dated: July 3, 2014 . Do Not Sell My Personal Information (CA Residents Only). Its chairman is Steven Myhill-Jones. Mr. Myhill-Jones has also been an angel investor, and an advisor and mentor to technology businesses and entrepreneurs. Gerald L. Salzman Chief Executive Officer; Director: Disposition $300.00 PER SHARE: 1,800 $540,000: Dec 10 . Today, Wells Fargo sells for $58 a share, and Daily Journal owns about $90 million worth. Who fits. 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.. The Traditional Business segment publishes newspapers of general circulation. Steven was part of a team that built a very successful technology company out of nothing, and he ran it for a long period of time, with tenacity, patience and a focus on customer service. Daily Journal Corporation announced that On December 29, 2021, Gerald L. Salzman resigned from the Board of Directors of the Company. 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. Journal Technologies, Inc. is a wholly owned subsidiary of the Company. It was too cheap, explains Munger. Who is down. Who means well. 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. For reprint rights or to purchase a copy of your Daily Journal photo, email jeremy@reprintpros.com for prices or call 949-702-5390. . Mr. Salzman is retiring after more than 44 years of dedicated and . 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 pays back. 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. DAILY JOURNAL CORP : Submission of Matters to a Vote of Security Holders Charlie Munger downplays risk of Taiwan invasion, says crypto fans are 'idiots', Transcript : Daily Journal Corporation - Shareholder/Analyst Call. This is incredibly relevant on a number of fronts. Who gives in. 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. Daily Journal Corporation is an American publishing company and technology company headquartered in Los Angeles, California. 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. Who is a bigwig. Source: FactSet. 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. The courts in the United States and around the world carry out incredibly important work that is crucial to civilization. Who bows. Whos old. 18% of Daily Journal management is Hispanic or Latino. GuruFocus has detected 4 Warning Sign with UPWK. It has done pretty well. 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. The Daily Journal Corp. also announced that Gerald Salzman stepped down as CEO, retiring after more than 44 years at the company. 2023, Nasdaq, Inc. All Rights Reserved. Daily Journal Corporation has 3 current employee profiles, including Chairman & Interim CEO Steven Myhill-Jones. Who is successful. 915 East First Street Los Angeles California 90012 United States. Is there a competitive advantage to having two superinvestors on your board of directors? View detailed DJCO description & address. The total sale was $626,630. 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. SPS Commerce CEO Archie Black leaves post, Workiva CEO Marty Vanderploeg leaves post. The original newspaper, The Daily Court Journal (Los Angeles), began publication in 1888. 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 speaks. Mr. Salzman is also the President, Chief Executive Officer, Chief Financial Officer and Secretary of Journal Technologies. Who is successor. How to assess the Push-out Score: a 10-step guide. Who is under. Who is in quest. Meanwhile, the second and third largest shareholders, hold 9.5% and 5.5%, of the shares . Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. Also on December 29, 2021, Peter D. Kaufman informed the Company that he will not stand for re-election at the . Who is humbled. No wonder, you say two of the magnificent seven superinvestors are showrunners. Who packs out. 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. 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 . Steven Myhill-Jones is about 37 years younger than Jerry Salzman. Daily Journal Corp publishes newspapers and web sites covering California and Arizona and produces several specialized information services. and gain access to a community of over 740 awesome, curious, kind, funny, brilliant, generous souls. . 2.2 26 % Recommend to a Friend. Chief Financial Officer. 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 . LOS ANGELES, March 28, 2022 (GLOBE NEWSWIRE) Daily Journal Corporation is pleased to announce that Steven Myhill-Jones has been selected as the company's new Chairman and Interim Chief Executive Officer effective today. 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. Markets category Charlie Munger's Daily Journal nearly doubles stake in China's Alibaba, article with image January 4, 2022 Business category Vivendi accelerates Lagardere purchase, extending . DJCO has a market capitalization of $304 million. By my reckoning, the stock portfolio accounts for roughly 60% of the value of the company. 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. 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 stumbles. 10% of the management team is Black or African American. Copyright FactSet Research Systems Inc. All rights reserved. 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. 1,574 followers. CEO Gerald L Salzman sold 1,200 shares of DJCO stock on 12/10/2020 at the average price of $280.85. 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. . Fundamental company data and analyst estimates provided by FactSet. Who leaves for good. Who presides. 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. For the complete insider trading history of DJCO, click here. 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. Who packs in. California's largest legal newspaper. Who fights for honor. 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. 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. 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. He founded and bootstrapped web-based geography software company Latitude Geographics at the age of twenty-three. Data may be intentionally delayed pursuant to supplier requirements. Who is blamed. Change value during other periods is calculated as the difference between the last trade and the most recent settle. Who leaves early. President and CEO, 717 Credit Union. But there is one other company on Spaceship Earth with the same distinction: the Daily Journal Corporation (ticker: DJCO). Who is hero. 19 % Approve of CEO. Who exits. We are incredibly fortunate that Steven found his way into our lives. Daily Journal Corp. engages in the publication of newspapers and websites covering California and Arizona. Who leaves late. Who steps down. Who is doomed. The average employee at Daily Journal makes $43,729 per year. We are a source of information, inspiration and motivation for the world's most successful leaders, executives, investors and entrepreneurs. 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. The Journal Technologies segment provides case management software and related services to courts and other justice agencies. Mr. Salzman is retiring after more than 44 years of dedicated and multi-faceted service to the company. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. DJCO - key executives, insider trading, ownership, revenue and average growth rates. Who benefits. The James Irvine Foundation, Oaktree Acquisition Corp. II, ADRx, Inc., Oaktree Acquisition Corp. III, Daily Journal Corp., Oaktree Capital Group LLC, Wesleyan University, Polytechnic School, Good Samaritan Hospital (Los Angeles), Oaktree Funds, X PRIZE Foundation, Oaktree Specialty Lending Corp., Chevron Corp. Costco Wholesale Corp., Berkshire Hathaway, Inc., Berkshire Hathaway Assurance Corp., Blue Chip Stamps, Daily Journal Corp., Good Samaritan Hospital (Los Angeles). 11% of Daily Journal employees are Black or African American. 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. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Charlie Munger: 2021 Daily Journal Annual Meeting Transcript. It operates in two segments, Traditional Business and Journal Technologies. The Journal has been printed continuously since its . 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 is also pleased to announce several promotions of long-serving team members. Who topples. Who suffers. Danny Hemnani has been promoted to CEO of Journal Technologies, and Maryjoe Rodriguez is now its President. He acted as the Companys Chief Executive Officer, Chief Financial Officer, Treasurer and Assistant Secretary. Never mind! To me, Munger sounded slightly more optimistic this year than last. Who sits. Charlie Mungers Firm Doubled Down on Alibaba Investment, There's a lesson from Charlie Munger's increased bet on Alibaba. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. 2132295300. dailyjournal.com. Tu To, the companys long-time Controller, will become Chief Financial Officer, effective today. Daily Journal Corporation announced that On December 29, 2021, Gerald L. Salzman resigned from the Board of Directors of the Company. 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. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. Who is sad. Chief Executive Officer and Chairman of the Board. 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. Myhill-Jones . Who is family. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. Wenn Sie Ihre Auswahl anpassen mchten, klicken Sie auf Datenschutzeinstellungen verwalten. Who is minor. Precise information regarding Jerry Salzmans future plans was not immediately available. 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. The company also held corporate . Hes exactly the kind of leader we need at Daily Journal and Journal Technologies to take our business into the future. The total sale was $2.8 million. 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 is victor. You can find out more about which cookies we are using or switch them off in settings. 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. 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. His ability to wear so many hats was a crucial part of what helped our little company grow, evolve and expand. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. Who has a say. Source: Daily Journal Corporation on 12/30/2022 Sign up for Equilar ExecAtlas and view Tu To's full profile. It . Who heals. Who designs. Who says what. 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. It operates through the Traditional Business and Journal Technologies segments. Insiders trading at 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. 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. Copy and paste multiple symbols separated by spaces. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. Its board is also stacked with two superinvestors: Charlie Munger and Rick Guerin. Who is gone. Warning! Hes whip smart and full of energy, said Mr. Munger. Who is thrilled. Employer. Warren Buffett and Charlie Munger run Berkshire Hathaway (ticker: BRK.A). Currently, Peter D. Kaufman holds the position of Chairman & Chief Executive Officer of Glenair, Inc. Stand Up is a daily podcast. This was in 1984. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. It's worthless. Who is replaced. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. LOS ANGELES, March 28, 2022 (GLOBE NEWSWIRE) -- Daily Journal Corporation is pleased to announce that Steven Myhill-Jones has been selected as the . Daily Journal Corporation offers legal software and services to US courts and other justice agencies, including browser-based case processing systems (eCourt, eProsecutor, eDefender, and eProbation) and electronic filing and payment tools (eFile, ePayIt). . The Daily Journal Corporation has been publicly traded since 1987 on the NASDAQ under DJCO. Create your Watchlist to save your favorite quotes on Nasdaq.com. Buffett cited seven individual superinvestors (two others were multi-manager funds). Who gives up. Who resigns. AIC President/CEO,RiskPro Insurance Services, Inc. P.O. Who departs. 100 F Street, N.E. 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. 4d. Who keeps going. Who is well. 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.. Vous pouvez modifier vos choix tout moment en cliquant sur le lien Tableau de bord sur la vie prive prsent sur nos sites et dans nos applications. Daily Journal Corporation publishes newspapers and websites covering in California, Arizona, and Utah. 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.. 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.. These symbols will be available throughout the site during your session. Who leaves. 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. 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