As of 29th December 2022, Daily Journal Corps top holding is 2,300,000 shares of Bank Of America currently worth over $76.2 million and making up 43.7% of the portfolio value. Titan International, Inc. c/o Investor Relations 1525 Kautz Road, Suite 600 West Chicago, IL 60185 investor.relations@titan-intl.com Board Contact Information Written correspondence for any member of Titan's Board of Directors may be sent to their attention: Titan International, Inc. c/o Corporate Secretary 2701 Spruce Street Quincy, IL 62301 Part of the reason for that was cultural. Question: In your past speeches, you have mentioned the term functional equivalent of embezzlement to describe situations where bubbles can form because both parties involved in a bubble believe the asset to be worth more than it truly is. 2/24/23. Performance Without the method of learning, youre like a one-legged man in an ass-kicking contest. Ideaweek Podcast What do you think we can do to help those who are currently falling behind as a result of this pandemic? . Meet-the-Author Summer Forum Ellen Ireland will be inspector of elections. So, no I dont think its the responsibility of management to assure where the stock sells. Question: It seems likely that the current Fed policy of keeping interest rates near zero will only exacerbate the income disparity in this country by benefiting those who own the financial assets. Kipling once wrote a poem called The Women (The Ladies) and the concluding line was to the effect that you should learn about women from him instead of doing it yourself, because, he says, I know you wont follow my advice. If you have unrealistic expectations, youre going to be miserable all your life. containing a link to download the .zip file of the CSV file(s) you requested. That approach will never go out of style. And thats the way we handled Gerry. Considering their system, that is not what he should have been doing. I dont think its easy for ordinary people to become great investors. With no analysts or investor relations department, few understand the transformation that has occurred. Subscribe Columns Labor/Employment Viking River PAGA ruling has no clear destination for employers Mar. But you know, most people dont do that. Industry Insights Summit Give me a new question. 2021 Quotemedia. Copyright 2023 Surperformance. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more.To learn more about Yahoo Finance Plus please visit: https://yhoo.it/33jXYBpConnect with Yahoo Finance:Get the latest news: https://yhoo.it/2fGu5BbFind Yahoo Finance on Facebook: http://bit.ly/2A9u5ZqFollow Yahoo Finance on Twitter: http://bit.ly/2LMgloPFollow Yahoo Finance on Instagram: http://bit.ly/2LOpNYzFollow Cashay.comFollow Yahoo Finance Premium on Twitter: https://bit.ly/3hhcnmV Daily Journal Corporation : Announces Financial Results for the Three Months ended Decembe.. Daily Journal Corporation Announces Financial Results for the Three Months ended Decemb.. Daily Journal : Management's Discussion and Analysis of Financial Condition and Results of.. Daily Journal Corporation Announces Financial Resultsfor Fiscal Year ended September 3.. Daily Journal Corp : Changes in Registrant's Certifying Accountant, Financial Statements a.. Daily Journal : Fiscal 3Q Earnings Snapshot, Daily Journal : Fiscal 2Q Earnings Snapshot. Question: You have revised your famous talk on the standard causes of human misjudgment with considerable new material back in 2005. And if you stop to think about it, that is also true at the Daily Journal. That doesnt happen. You must have a subscription to view WhaleScore histories. What would be a mistake at the Daily Journal which we can all learn from? We give you the access and tools to invest like a Wall Street money manager at a Main Street price. What happened is that BYD is very well positioned for the transfer of Chinese automobile production from gasoline-driven cars to electricity-driven cars. Solved Auditor Changes at Daily Journal Corporation Charlie - Chegg I do think banking run intelligently is a very good business. Question: I was wondering if you could share some thoughts on Haven, particularly why it was ultimately closed. [2]: This Week in Intelligent Investing. Nobody else has ever taken a big country out of poverty so fast and so on. Charlie Munger: I think everybody is willing to hold stocks at higher price-earnings multiples when interest rates are as low as they are now. (Disclosure: the author has a position in the Daily Journal Corporation - a reliable sell indicator.) I feel the same way about those choices. Create your Watchlist to save your favorite quotes on Nasdaq.com. Question: In 1999, the year the Daily Journal bought Sustain Technologies, the traditional business employed 355 full-time employees and 61 part-time employees. Communicated daily with internal traders and sales force, plus marketed globally to Buy-Side clients . Theyve served us well over the years. The Daily Journal Corporation has been publicly traded since 1987 on the NASDAQ under DJCO. Charlie Munger: You have to be optimistic about the competency of our technical civilization. Charlie Munger: I have seen an episode or two of the Queens Gambit. Everybody has shortcuts to screen out certain hazards. Charlie Munger: Theres one thing that were quite passionate about and that is serving the customers who have trusted us. Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter. Matthew Peterson of Peterson Capital Management presented his in-depth investment thesis on The Daily Journal Corporation (US: DJCO) at Best Ideas 2019. Theres a lot of temptation to do dumb things which will make the earnings next quarter go up but are bad for the long term. Implementation is expensed as provided, while the long-term recurring high-margin revenue is not yet included on the income statement. And, I think Jack Ma was very arrogant to be telling the Chinese government how dumb they were, how stupid their policies were, and so forth. The fund focuses on investments in the United States as Thats true whether youre Benjamin Franklin or Joe klutz. Charlie Munger: Well, generally speaking, I dont try and compete with Sequoia. And what are the implications, since Treasury assets underpin the value of every other asset? Investor Overview | Graham Holdings Company Thats the nature of capitalism. How do I update this listing? The average salary for Investor Relations Director at companies like DAILY JOURNAL CORP in the United States is $173,091 as of November 23, 2022, but the range typically falls between $149,030 and $199,970. Annual stock financials by MarketWatch. Member of equity research team highly ranked by Institutional Investor and The Wall Street Journal. Of course, that made him very leery of dumb loans. The two most similar investment funds to Daily Journal Corp are Platform Technology Partners and Mtm Investment Management. Charlie Munger: Well, I certainly hope that they succeed mightily in their software endeavor to automate all these courts for the modern world. Of course, its hard to know what the future holds when in a complex system where you cant predict a lot of things. Thats the good news. In recent years, The Manual of Ideas has expanded to become more than simply the very best investing newsletter on the planet (Mohnish Pabrai). In a recent regulatory filing, The Daily Journal ( DJCO -3.51%) disclosed that it had bought more shares of Chinese giant Alibaba ( BABA 2.46%) with its corporate cash. A lot of the good rules of life are like that. DJCO | Daily Journal Corp. Annual Income Statement | MarketWatch Currently, their heaviest sector is Finance making up 81.3% of We were together in that for a long, long time, and then Rick and I did the Daily Journal together on another occasion. Generally speaking, people assume that were a normal software company like Microsoft or something. Gerry and I have been together, how many years Gerry? It reminds me of the key phrase and Bunyans Pilgrims Progress in which he says: My sword I leave to him who can wear it. Value investors know Warren Buffett's classic retort to efficient market theory, "The . So, you can understand why Warren got disenchanted with Wells Fargo. All-Time Favorites Charlie Munger: Its very hard to have a shrinking business. Think of whats died in my lifetime. That happened because Gerry and I bought these little newspapers all over the state just as a precaution to make sure we could serve public notice advertising wherever it arose in the state. The Knowledge Moat: Keeping Competitors Out Through Ability, Constellation Software: Incentive Systems and Return Constraints. Computershare Investor Services 8742 Lucent Boulevard, Suite 225 Highlands Ranch, CO 80129 . Previously, Buntain worked at The Carlyle Group, where he . Trending Stocks. Eli Lilly Slashes Price of Insulin | Nasdaq I think that the methods that Ive used including the checklists are the correct methods and Im grateful that I found them as early as I did and that the methods have worked as well as they have. In other words, its your money. Everybody is. Charles T. Munger, who is also vice chairman of Berkshire Hathaway, is the former chairman and a current director.. Publishing business. The meeting was held on February 24, 2021. Theyre in a place thats gotten more valuable. Wenn Sie Ihre Auswahl anpassen mchten, klicken Sie auf Datenschutzeinstellungen verwalten. Charlie Munger: Im sure some are, but, by and large, thats not what Warren is known for. Members enjoy a steady stream of exclusive wisdom and insights from the leading minds in the field of investment management. I think the Chinese have behaved very shrewdly in managing their economy and theyve gotten better results than we have in managing our economy. But, of course, if we got a chance to do it again, we would do it better. Matthew has over a decade of experience with global financial services firms including Goldman Sachs, Morgan Stanley, Merrill Lynch, American Express, and Ameriprise Financial. Click the button below to request a report when hardcopies become available. On December 18, 2020the record datethere were 1,380,746 shares of common stock of the company outstanding. Question: The highly configurable JTI product may help e-suites integrate deeply into new jurisdictions as agencies and citizens become familiar with the courthouse software. As a matter of fact, its not clear to me that China would have done better if theyd copied every aspect of English civilization. Corporate governance. Investors | Seneca Foods daily journal corporation investor relations I just see more and more of the rich people leaving. The majority of revenue is generated from Traditional business segment. Intellectual Property But he previously worked for Rick Guerin and me in running a little mutual fund that we bought control of. God knows it was difficult but I dont think its a mistake. Because of that fact, it's of the utmost importance for companies to maintain strong . DAILY JOURNAL CORP Management's Discussion and Analysis of Financial Condition and Results of Operations (form 10-K) AQ. DAILY JOURNAL CORPORATION : Company profile, business summary, shareholders, managers, financial ratings, industry, sector and market information | Nasdaq: DJCO | Nasdaq If so, how do you think society should address it, especially because poor countries require much more cheap energy to reduce poverty? We were trying to save the whole economy under terrible conditions. Los . And I think thats what shareholders do. Transcribed image text: Auditor Changes at Daily Journal Corporation Charlie Munger is vice chairman of Berkshire Hathaway Inc. and is informally known as Wa ren Buffetr's "right arm. You saw the ebb and flow of industry and the creative destruction of the economic changes and so on. And what did the Chinese communists do with respect to death taxes? This information can be used by investors to verify and understand the financial position of the company. Create Email Alert, ***Log In or And, as Gerry has just said to me just after breakfast, you wouldnt want to invest in a parking lot by a courthouse for the future because an awful lot of the court proceedings are going to go to the internet. I think this kind of crazy speculation in enterprises not even found or picked out yet is a sign of an irritating bubble. The death tax in China is zero. It operates through the Traditional Business and. Gerrys lived a long time too and I think we both have been lucky. On the other hand, we have a fair amount of time to do it. Charlie Munger: Well, it helps to be able to leave the IQ test early with the highest score. I think when difficulty comes, I expect to have my share. Are Berkshires managers aware that through their efforts to create business success at Berkshire that they have been involved in saving millions of lives? When completed, an email will be sent to the email address you specify Charlie Munger: Well, I dont know how well the economys doing to work in the future. Similar Job Titles: Everything you see is profit. BYD stock did nothing for the first five years we held it. Billionaires Group And what he does is he sells about half of them always. February 26, 2021 / Richard Lewis / 6 Comments. Charlie Munger: Well thats an easy one. Charlie Munger: 2022 Daily Journal Annual Meeting Transcript - Junto That was not a startup, but it was so small and thinly traded that we were buying into a venture capital type investment but in the public market. Can U.S. Treasury bonds be such a case today? regarding their board of directors using the Board Diversity Matrix. Intelligent Investing in Crisis Mode. I dont think Im likely to have any new thoughts that are going to work miracles either. A single vial can cost upwards of $300, meaning a monthly cost of $1,000. It was an accident. Question: You and Warren have been adept at quickly sizing people up, particularly business leaders and potential business partners. Until his recent step-down as chairman of the board in April, the marketable. How would they think about current opportunities with low rates and low inflation?

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