Heathrow CEO says wealthy 'should pay' aviation transition to greener fuels. 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 . For years Munger has proclaimed that it is not a mini-Berkshire, either. Roseman Wagner Wealth Management is currently the largest shareholder, with 18% of shares outstanding. Who wishes luck. Charlie Mungers Firm Doubled Down on Alibaba Investment, There's a lesson from Charlie Munger's increased bet on Alibaba. 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. Daily Journal Corp. engages in the publication of newspapers and websites covering 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. All rights reserved. Copyright FactSet Research Systems Inc. All rights reserved. Daily Journal 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. He founded and bootstrapped web-based geography software company Latitude Geographics at the age of twenty-three. Contact 2? The Daily Journal Corporation has been publicly traded since 1987 on the NASDAQ under DJCO. CEO Gerald L Salzman sold 1,800 shares of DJCO stock on 12/11/2020 at the average price of $300. CEO: Steven Myhill-Jones. The federal indictment in Los Angeles accuses Thomas V. Girardi and Christopher Kamon . The original newspaper, The Daily Court Journal (Los Angeles), began publication in 1888. Sie knnen Ihre Einstellungen jederzeit ndern, indem Sie auf unseren Websites und Apps auf den Link Datenschutz-Dashboard klicken. Who accepts. 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. call 866-531-1492 or email subscribe@dailyjournal.com This is the property of the Daily Journal Corporation and fully protected by copyright. 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. 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. DJCO - key executives, insider trading, ownership, revenue and average growth rates. Who has to go. Hat tip to Ron Harkey for opening the door. February 26, 2021 / Richard Lewis / 6 Comments. Who leaves for good. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Who is hero. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Filed on June 24, 2014 . Who is victor. Its impossible to imagine a more capable manager or better teacher, and the shareholders of the company owe Jerry a big debt of gratitude.. Who loses. 915 East First Street Los Angeles California 90012 United States. 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. This is incredibly relevant on a number of fronts. Click here to check it out. What Is the Standard Deduction for People Over 65 in 2023? 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 . Daily Journal Corporation. A director, President, CEO and CFO, said Mr. Munger. President and CEO, 717 Credit Union. It's crazy. This was in 1984. Who is bad man. 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. Mr. Salzman is also the President, Chief Executive Officer, Chief Financial Officer and Secretary of Journal Technologies. 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. He led the company during an incredibly challenging time for newspapers, while also building out a promising court software business in what is a terribly difficult but dynamic market. Who goes behind. Who is refunded. Gerald L. Salzman served on the Companys Board of Directors from 1986 until December 2021. The Journal has been printed continuously since its . 1,574 followers. Mr. Gerald L. Salzman has been President at Daily Journal Corporation since 1986 and serves as its Chief Executive Officer, Chief Financial Officer, Treasurer, Chief Accounting Officer, Assistant Secretary and Director. Who is a big wheel. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. Chief Executive Officer and Chairman of the Board. [citation needed]. 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. Who is a bigwig. Currently, Peter D. Kaufman holds the position of Chairman & Chief Executive Officer of Glenair, Inc. Corporate counsel group CEO pens book on reaching goals. Journal Technologies, Inc. is a wholly owned subsidiary of the Company. He is also on the board of Daily Journal Corp. and California Institute of Technology. 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.). Klicken Sie auf Alle ablehnen, wenn Sie nicht mchten, dass wir und unsere Partner Cookies und personenbezogene Daten fr diese zustzlichen Zwecke verwenden. 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). 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. 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. Mr. Myhill-Jones will succeed Gerald Salzman as CEO. The Traditional Business segment publishes newspapers of general circulation. Who steps back. CEO Gerald L Salzman sold 8,286 shares of DJCO stock on 12/22/2020 at the average price of $332. 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. 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. DJCO has a market capitalization of $304 million. Who is not named. . Who prompts. 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. Mr. Myhill-Jones is a Canada-based technology executive, entrepreneur and investor. Hes exactly the kind of leader we need at Daily Journal and Journal Technologies to take our business into the future. 61% of the management team is White. Hes whip smart and full of energy. Who quits. 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. Daily Journal Corporation is a leading newspaper publisher with about a dozen papers serving markets primarily in California. That leaves three others in the public sphere. Company profile for Daily Journal Corp. including key executives, insider trading, ownership, revenue and average growth rates. Who heals. 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.. Who is honored. Danny Hemnani has been promoted to CEO of Journal Technologies, and Maryjoe Rodriguez is now its President. Division of Corporate Finance. Box . In early 2009, the Daily Journals coffers were sloshing with cash from printing foreclosure notices undertakers during a plague is how Munger describes it. Charles T. Munger, who is also vice chairman of Berkshire Hathaway, is the former chairman and a current director. With the legal publishing biz in decline, Daily Journal has acquired new enterprisesto muscle into the legal software market. 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. Munger says the company is now a venture capital-type situation. Who distributes. 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 . Who lies. It is a generational change. 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. 95-4133299 (State or Other Jurisdiction (Commission File No.) Who recovers. Who is vested. 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. Like it or not, the Daily Journal travels to the beat of a different drum. The Company operates through two segments: Traditional Business and Journal Technologies. I want for this gift to reflect the confidence I have in the existing team and Stevens new leadership, Mr. Munger said. Michelle Stephens has become Executive Vice President-Publications of Daily Journal Corporation. Its flagship papers include the Los Angeles Daily Journal and the San Francisco Daily Journal, . Commercial advertising consists of display and classified advertising and the employment advertising marketplace. Who is Who. Who topples. By accessing ExecAtlas, you can view bios, network, connections and references of industry leading executives like Tu To. The price of the stock has increased by 18.31% since. These promotions reflect the experience, knowledge and continuing contributions of the companys key players, which is a testament to Mr. Salzman's mentorship. 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 is silent. Its chairman is Steven Myhill-Jones. 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 . 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.
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