Who steps back. The price of the stock has increased by 18.31% since. 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. Please enable Strictly Necessary Cookies first so that we can save your preferences! Who leaves. Who congratulates. Who is fired. Filed on August 13, 2014 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. 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. 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. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. 61% of the management team is White. 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. The Daily Journal Corporation has been publicly traded since 1987 on the NASDAQ under DJCO. Munger says the company is now a venture capital-type situation. March 28, 2022 07:00 ET 2.2 26 % Recommend to a Friend. Jerry Salzmans move coincides with a management shake-up also involving the positions of Chief Financial Officer; CEO of Journal Technologies; President of Journal Technologies; Co-Chief Technology Officers of Journal Technologies; Executive Vice President-Publications of Daily Journal Corporation; Assistant Controller of the company; and Editor-in-Chief of the Daily Journal newspapers. 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. Charlie Munger. Who has a vote. Charlie Munger at the 2021 Daily Journal annual meeting spoke once again at great length. We keep you up to date on the latest CEO changes. The meeting was held on February 24, 2021. "CNSB", a division of the company, is a statewide newspaper representative specializing since 1934 in public notice advertising. Who is not named. Who signs. Like it or not, the Daily Journal travels to the beat of a different drum. Of those seven, Walter Schloss, Tom Knapp, and William Ruane have departed on that Last Train to Graham & Doddsville. Its board is also stacked with two superinvestors: Charlie Munger and Rick Guerin. 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. The price of the stock has increased by 10.75% since. This is the property of the Daily Journal Corporation and fully protected by copyright. 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). 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. 19 % Approve of CEO. Who packs out. Warren Buffett and Charlie Munger run Berkshire Hathaway (ticker: BRK.A). 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. Who goes ahead. Once again, the wit and wisdom of Charlie Munger was on full display at the deceptively youthful age of 97! U.S. Securities and Exchange Commission. With the legal publishing biz in decline, Daily Journal has acquired new enterprisesto muscle into the legal software market. We disclaim any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments, or otherwise. Who is refunded. Who is a leader. 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.. Nous, Yahoo, faisons partie de la famille de marques Yahoo. Who pays. Who hurts. Joseph Jezerinac and Kaushik Mehta are now the Co-Chief Technology Officers of Journal Technologies. Who is hero. Who assists. Who is there. Who soothes. He remains the Company's Chief Executive Officer, President, Chief Financial Officer and Treasurer. Its chairman is Steven Myhill-Jones. 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. 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. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. Who scolds. Daily Journal Corporation is an American publishing company and technology company headquartered in Los Angeles, California. 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. The federal indictment in Los Angeles accuses Thomas V. Girardi and Christopher Kamon . Who is missed. Who is a big wheel. Mr. Myhill-Jones will succeed Gerald Salzman as CEO. Who will be back. Who steps down. 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. 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. CEO Gerald L Salzman sold 1,800 shares of DJCO stock on 12/11/2020 at the average price of $300. 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. Company profile for Daily Journal Corp. including key executives, insider trading, ownership, revenue and average growth rates. 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]. CEO: Steven Myhill-Jones. Chief Executive Officer. Jerry Salzman became CEO of the Company in 1986. For reprint rights or to purchase a copy of your Daily Journal photo, email jeremy@reprintpros.com for prices or call 949-702-5390. . The Daily Journal Corp. also announced that Gerald Salzman stepped down as CEO, retiring after more than 44 years at the company. Who is first. It's Not Time to Buy. 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. 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. Keeping this cookie enabled helps us to improve our website. Who is a friend. Who says what. By my reckoning, the stock portfolio accounts for roughly 60% of the value of the company. In addition, as part of creating additional long-term incentives for the management team while recognizing the dilution to shareholders that such incentives can cause, the companys Board of Directors has accepted Mr. Mungers gracious offer to gift to the company $1 million worth of his personal Daily Journal stock for the company to use as the basis for a new equity incentive plan. Currently, Peter D. Kaufman holds the position of Chairman & Chief Executive Officer of Glenair, Inc. From accounts, Buffett was like a kid in a candy store. The original newspaper, The Daily Court Journal (Los Angeles), began publication in 1888. Mr. Myhill-Jones has also been an angel investor, and an advisor and mentor to technology businesses and entrepreneurs. 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 . Change value during other periods is calculated as the difference between the last trade and the most recent settle. Sie knnen Ihre Einstellungen jederzeit ndern, indem Sie auf unseren Websites und Apps auf den Link Datenschutz-Dashboard klicken. Who is praised. Who resigns. Daily Journal Corp publishes newspapers and web sites covering California and Arizona and produces several specialized information services. Who is chief. View detailed DJCO description & address. Wenn Sie Ihre Auswahl anpassen mchten, klicken Sie auf Datenschutzeinstellungen verwalten. . 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. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. Danny Hemnani has been promoted to CEO of Journal Technologies, and Maryjoe Rodriguez is now its President. When the symbol you want to add appears, add it to Watchlist 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.. 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). Also on December 29, 2021, Peter D. Kaufman informed the Company that he will not stand for re-election at the . Charlie Munger will leave his role as chairman of Daily Journal, according to a regulatory filing Monday. These promotions reflect the experience, knowledge and continuing contributions of the companys key players, which is a testament to Mr. Salzman's mentorship. President. Commercial advertising consists of display and classified advertising and the employment advertising marketplace. Who does well. 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. Imagine that! 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 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. Financial Insight in Your Inbox: Sign Up for GBR's Daily Newsletter Whos obsolete. Complete Daily Journal Corp. stock information by Barron's. View real-time DJCO stock price and news, along with industry-best analysis. 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. Chief Executive Officer and Chairman of the Board. Tu To, the companys long-time Controller, will become Chief Financial Officer, effective today. 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. This is incredibly relevant on a number of fronts. Who stands by. 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 fights for money. Throughout the transcript below, I have included clickable links to my notes and articles . This was in 1984. Charles T. Munger, who is also vice chairman of Berkshire Hathaway, is the former chairman and a current director. Who is doomed. listens before the Daily Journal Corp. shareholder meeting in Los Angeles, California, U.S., on Thursday, Feb. 14 . That leaves three others in the public sphere. Who is replaced. 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. We are incredibly fortunate that Steven found his way into our lives. Who designs. Daily Journal. 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 . Who is confidant. 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. Veta Richardson's book is "Take Six: Essential Habits To Own Your Destiny, Overcome Challenges, And Unlock Opportunities." . But wait thats applying modern portfolio theory to the Daily Journal. Whos in. Click here to check it out. Who heals. Contact 3 . 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 prompts. Hes exactly the kind of leader we need at Daily Journal and Journal Technologies to take our business into the future. 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]. Never mind! On average, Daily Journal executives and independent directors trade stock every 30 days with the average trade being worth of $320,430. We are incredibly fortunate that Steven found his way into our lives. Mr. Myhill-Jones is a Canada-based technology executive, entrepreneur and investor. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. 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. Daily Journal Corporation publishes newspapers and web sites covering California and Arizona, and produces several specialized information services. Fundamental company data and analyst estimates provided by FactSet. (exechange) Los Angeles, California, March 28, 2022 Jerry Salzman, chief executive of Daily Journal, leaves. Insiders trading at Daily Journal. Who is at rest. . Tu To, the companys long-time Controller, will become Chief Financial Officer, effective today. Who is invested. By accessing ExecAtlas, you can view bios, network, connections and references of industry leading executives like Tu To. 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. 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. Contacts Contact 2? The courts in the United States and around the world carry out incredibly important work that is crucial to civilization. Who is in quest. 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 loses. 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. Who is selected. Who is bad man. Who presides. news@dailyjournal.com | The Daily Journal publishes the Los Angeles Daily Journal and San Francisco Daily Journal and community newspapers focusing on law or business and real estate in California and Arizona. 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 . Who is confident. Who kicks back. Who exits. They have been labeling as misinformation and . The average employee at Daily Journal makes $43,729 per year. 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 deserves it. 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 . California's largest legal newspaper. AIC President/CEO,RiskPro Insurance Services, Inc. P.O. Who tumbles. [citation needed]. .This article first appeared on GuruFocus. Number one, the media, the corporate media for two years has been lying about this. 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. Meanwhile, the second and third largest shareholders, hold 9.5% and 5.5%, of the shares . Hoa To has been promoted to Assistant Controller of the company, and David Houston is now Editor-in-Chief of the Daily Journal newspapers. However arrived at, the buy occurred within one day of Wells Fargos all-time low. 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. Washington, D.C. 20549 . Opinions expressed by Forbes Contributors are their own. Who fits. 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 $332 a share. Who quits. Type a symbol or company name. Daily Journal Corporation announced that On December 29, 2021, Gerald L. Salzman resigned from the Board of Directors of the Company. Type a symbol or company name. Gerald L. Salzman served on the Companys Board of Directors from 1986 until December 2021. Hes whip smart and full of energy. But the jury is out. He founded and bootstrapped web-based geography software company Latitude Geographics at the age of twenty-three. Charles T. Munger purchased the paper in 1977 and through a series of acquisitions and organic growth built it into a group of newspapers and websites that provide information on the legal industry, real estate and general business. Read the full story in the exechange report 14.2022 ($). Source: Kantar Media. Mr. Myhill-Jones is a Canada-based technology executive, entrepreneur and investor. His ability to wear so many hats was a crucial part of what helped our little company grow, evolve and expand. Steven Myhill-Jones will succeed Salzman as CEO. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. The company is also pleased to announce several promotions of long-serving team members. 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). 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 over. 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. The most common ethnicity at Daily Journal is White (64%). Daily Journal Corporation is a leading newspaper publisher with about a dozen papers serving markets primarily in California. Copyright FactSet Research Systems Inc. All rights reserved. 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. mesurer votre utilisation de nos sites et applications. Who is at C-level. #CharlieMunger #DailyJournalAnnualMeeting #BerkshireHathawayYahoo Finance is the exclusive live stream platform for the fully virtual Daily Journal ($DJCO) A. And he did it all. She will also continue as the companys Secretary. Girardi, 2 others charged with stealing $18M from clients. The Company operates through two segments: Traditional Business and Journal Technologies. Who is left. (I.R.S. He is also on the board of Daily Journal Corp. and California Institute of Technology. Imagine that! It's no good. Not a bad profit considering that they paid $2 million for it in 1977. Source: Daily Journal Corporation on 12/30/2022 Sign up for Equilar ExecAtlas and view Tu To's full profile. Journal Technologies, Inc. is a wholly owned subsidiary and supplies case management software systems and related products to courts and other justice agencies. The company now publishes 10 newspapers in California and Arizona. (Disclosure: the author has a position in the Daily Journal Corporation a reliable sell indicator.). Employer. Munger became Chairman (because he was an attorney) with . Myhill-Jones will succeed Gerald Salzman as CEO. The Journal has been printed continuously since its . Who sees red. Who is up. Stand Up is a daily podcast. Vous pouvez modifier vos choix tout moment en cliquant sur le lien Tableau de bord sur la vie prive prsent sur nos sites et dans nos applications. More From GOBankingRates. (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';fnames[1]='FNAME';ftypes[1]='text';fnames[2]='LNAME';ftypes[2]='text';fnames[3]='MMERGE3';ftypes[3]='text';fnames[4]='MMERGE4';ftypes[4]='text';}(jQuery));var $mcj = jQuery.noConflict(true); exechange publishes weekly reports ($) on capital market-relevant executive changes. Precise information regarding Jerry Salzmans future plans was not immediately available. Who is ousted. Who can say it? Who is hostile. Its flagship papers include the Los Angeles Daily Journal and the San Francisco Daily Journal, . 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. Crypto? Who speaks. 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. Treasurer : Dated: July 3, 2014 . Mr. Salzman is retiring after more than 44 years of dedicated and multi-faceted service to the company. Journal Technologies, Inc. is a wholly owned subsidiary of the Company. Why Wells Fargo? Who is family. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. Possibly. 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. Daily Journal. Who is under. Michelle Stephens has become Executive Vice President-Publications of Daily Journal Corporation. Copyright FactSet Research Systems Inc. All rights reserved. Box . WARREN, Ohio - Loans drive the engine of any financial institution and it was full steam ahead for 717 Credit Union in 2022. 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.. It is a generational change. The courts in the United States and around the world carry out incredibly important work that is crucial to civilization. A director, President, CEO and CFO, said Mr. Munger. 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 is vested. Who is successor. 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. 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. Source: FactSet. 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. 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. Data may be intentionally delayed pursuant to supplier requirements. Who is down. Whos out. Ms. Rodriguez is the Vice President and Chief Operating Officer of Journal Technologies Inc., a subsidiary of the Company. The company was founded on December 31, 1969 and is headquartered in Los Angeles, CA. At the age of 97, Charlie Munger wasnot surprisinglysharp as a tack.

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