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.. 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. Mr. Salzman is also the President, Chief Executive Officer, Chief Financial Officer and Secretary of Journal Technologies. A director, President, CEO and CFO, said Mr. Munger. It's worthless. 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. Who is a big wheel. Who is victim. 2023, Nasdaq, Inc. All Rights Reserved. But the jury is out. 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. The Rest of the Portfolio. 95-4133299 (State or Other Jurisdiction (Commission File No.) 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. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Who earns it. For years Munger has proclaimed that it is not a mini-Berkshire, either. They have been labeling as misinformation and . 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 assists. Who serves. Who is up. DJCO has a market capitalization of $304 million. Tu To, the companys long-time Controller, will become Chief Financial Officer, effective today. Who goes behind. [2][3][4], The original newspaper, The Daily Court Journal (Los Angeles), began publication in 1888. But wait thats applying modern portfolio theory to the Daily Journal. It's always a wonderful pleasure to hear Charlie Munger speak at the Daily Journal Annual Meeting. Daily Journal Corporation publishes newspapers and web sites covering California and Arizona, and produces several specialized information services. Who scolds. Girardi, 2 others charged with stealing $18M from clients. 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. 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. 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. Who steps up. Who is hired. Charlie Munger Prefers Alibaba Stock to Treasury Bills. 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. Who betrays. Who means well. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. Who is chief. The meeting was held on February 24, 2021. Joseph Jezerinac and Kaushik Mehta are now the Co-Chief Technology Officers of Journal Technologies. Daily Journal. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. Who is host. 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. Who quits. (exechange) Los Angeles, California, March 28, 2022 Jerry Salzman, chief executive of Daily Journal, leaves. The total sale was $2.8 million. 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. Who is a friend. Whos obsolete. Daily Journal 1 Dearborn Square, Suite 200 Kankakee, IL 60901 Phone: 815-937-3322 Email: editors@daily-journal.com. Who reigns. Daily Journal Corp. company facts, information and financial ratios from MarketWatch. Source: Daily Journal Corporation on 12/30/2022 Sign up for Equilar ExecAtlas and view Tu To's full profile. Who is over. 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 Traditional Business segment publishes newspapers of general circulation. President and CEO, 717 Credit Union. 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 . Hes exactly the kind of leader we need at Daily Journal and Journal Technologies to take our business into the future. 11% of Daily Journal employees are Black or African American. Myhill-Jones will succeed Gerald Salzman as CEO. Change value during other periods is calculated as the difference between the last trade and the most recent settle. The Daily Journal Corp. also announced that Gerald Salzman stepped down as CEO, retiring after more than 44 years at the company. Sign up and receive our free newsletter every Monday morning. Copyright FactSet Research Systems Inc. All rights reserved. Its impossible to imagine a more capable manager or better teacher, and the shareholders of the company owe Jerry a big debt of gratitude.. Journal Technologies has distinguished itself in the market with a browser-based case management system that is a highly configurable business processing engine that is the centerpiece for document management and e-filing. Who has to go. We keep you up to date on the latest CEO changes. And he did it all. 100 F Street, N.E. Who is sad. The announcement follows an increase in Daily Journal Corp.s share price of 43% since March 2017. At this rate, he'll likely (hopefully) reach the longevity of Irving Kahn. Its flagship papers include the Los Angeles Daily Journal and the San Francisco Daily Journal, . Who excites. Filed on June 24, 2014 . Data are provided 'as is' for informational purposes only and are not intended for trading purposes. Who is zero. 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. Who leaves for good. Source: Kantar Media, Secretary & Executive Vice President-Publications. 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. Who is sorry. CEO Gerald L Salzman sold 1,800 shares of DJCO stock on 12/11/2020 at the average price of $300. The company also held corporate . Hoa To has been promoted to Assistant Controller of the company, and David Houston is now Editor-in-Chief of the Daily Journal newspapers. 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. Who is not named. Charlie Mungers Firm Doubles Down on Alibaba Investment. Warren Buffett and Charlie Munger run Berkshire Hathaway (ticker: BRK.A). These promotions reflect the experience, knowledge and continuing contributions of the companys key players, which is a testament to Mr. Salzman's mentorship. Who is first. 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 incredibly fortunate that Steven found his way into our lives. Jerry Salzman became CEO of the Company in 1986. Heres Why. The company was founded on December 31, 1969 and is headquartered in Los Angeles, CA. Who stumbles. DAILY JOURNAL CORPORATION (Exact Name of Registrant as Specified in its Charter) SOUTH CAROLINA. Daily Journal Corporation is a leading newspaper publisher with about a dozen papers serving markets primarily in California. Who steps down. CEO: Steven Myhill-Jones. 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. Today, Wells Fargo sells for $58 a share, and Daily Journal owns about $90 million worth. 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. Mr. Salzman is retiring after more than 44 years of dedicated and . Financial Insight in Your Inbox: Sign Up for GBR's Daily Newsletter 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. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. 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 is family. Who is doomed. Mar 28, 2022, 7:00 AM ET. 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. Heathrow CEO says wealthy 'should pay' aviation transition to greener fuels. Mr. Salzman is retiring after more than 44 years of dedicated and multi-faceted service to the company. . Who fights for money. 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. 1,574 followers. Chief Financial Officer. call 866-531-1492 or email subscribe@dailyjournal.com This is the property of the Daily Journal Corporation and fully protected by copyright. (I.R.S. Who is honored. Who wins. Hes whip smart and full of energy, said Mr. Munger. Who decides. 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. Contact 2? At the age of 97, Charlie Munger wasnot surprisinglysharp as a tack. Mr. Myhill-Jones has also been an angel investor, and an advisor and mentor to technology businesses and entrepreneurs. Who does well. Have a noteworthy news item, verdict, or settlement? The average employee at Daily Journal makes $43,729 per year. Source: FactSet. Who packs out. Follow the Daily Journal Facebook; Twitter; YouTube; Instagram . listens before the Daily Journal Corp. shareholder meeting in Los Angeles, California, U.S., on Thursday, Feb. 14 . Who says what. Create your Watchlist to save your favorite quotes on Nasdaq.com. A director, President, CEO and CFO, said Mr. Munger. Journal Technologies, Inc. is a wholly owned subsidiary and supplies case management software systems and related products to courts and other justice agencies. Who is Who. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. 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. 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. Who leaves. Warning! He is also on the board of Daily Journal Corp. and California Institute of Technology. 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. 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. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. 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.). Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. #CharlieMunger #DailyJournalAnnualMeeting #BerkshireHathawayYahoo Finance is the exclusive live stream platform for the fully virtual Daily Journal ($DJCO) A. 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. Who benefits. 18% of Daily Journal management is Hispanic or Latino. Copyright FactSet Research Systems Inc. All rights reserved. Klicken Sie auf Alle ablehnen, wenn Sie nicht mchten, dass wir und unsere Partner Cookies und personenbezogene Daten fr diese zustzlichen Zwecke verwenden. Munger says the company is now a venture capital-type situation. Whos in. Who has a vote. We are a source of information, inspiration and motivation for the world's most successful leaders, executives, investors and entrepreneurs. It operates through the Traditional Business and Journal Technologies segments. 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 sorted out. Who is there. 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. . We are using cookies to give you the best experience on our website. 10% of the management team is Black or African American. 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.. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. Keeping this cookie enabled helps us to improve our website. 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. 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. On average, employees at Daily Journal stay with the company for 4.4 years. California's largest legal newspaper. Daily Journal Corp publishes newspapers and web sites covering California and Arizona and produces several specialized information services. Charlie Munger: 2021 Daily Journal Annual Meeting Transcript. Who is at rest. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. Employer. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. We disclaim any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments, or otherwise. 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. The oldest executive at Daily Journal Corporation is Charles Munger, 96, who is the Chairman of the Board. 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 lies. Hes exactly the kind of leader we need at Daily Journal and Journal Technologies to take our business into the future.. Source: Kantar Media. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. Who is groomed. U.S. Securities and Exchange Commission. He remains the Company's Chief Executive Officer, President, Chief Financial Officer and Treasurer.
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