Member Feedback But the accountants are duly elected. Have you met Lee Kuan Yew in person? He was very courageous and generous in helping everybody around him all his life. Nobody was trying to make the rich richer. Alt Turnover is calculated by taking either the total MV of new purchases or Daily Journal Corp. The best venture capital operation probably in the whole world is Sequoias and they are very good at this early stage investing. 1996 - janv . When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Nobody should believe that Robinhoods trades are free. Daily Journal Corp's largest holding is Bank of America Corp. (North Carolina National Bank) with shares held of 2,300,000. And, for example, here, we must have 30 or 40 deaths. I think the Chinese were very smart. I do think that a properly run bank is a great contributor to civilization and that the central banks of the world like controlling their own banking system and their own money supplies. How would they think about current opportunities with low rates and low inflation? The Zurich Project You are going to be flabbergasted. Every value investor tries to get more value than he pays for. Do it right the first time. No one knows for sure just how much government intervention is wise and at what point the government should stop intervening. Of course, people behave more sensibly when theyre spending their own money. And thats very interesting. Thats entirely due to the practical talent of Lee Kuan Yew. And so, we cant promise were going to succeed. Knox Lane hires Buntain to head investor relations | PE Hub In 2010, that was down to 165 full-time employees and 15 part-time employees. They lose their money fast enough. The member publications, including The Manual of Ideas, have won acclaim for their depth, originality, and breadth of perspectives. Everybodys got a different situation. All except for the legal advertising system which we had to build because nobody else has the volume that we have. Charlie Munger Just Doubled Down on Alibaba: Should Investors Follow Question: Has your opinion on cryptocurrencies remained the same? DAILY JOURNAL CORPORATION - Address, Director information And we pay huge taxes to a combination of the federal government and the state of California when we sell something. If its not good enough for Berkshire, shouldnt we have the same standards? Daily Journal Corp 13F annual report (2023) | wallmine He didnt know one damn thing about the Daily Journal when we made him head of it. But everybody cant be better than everybody else. Charlie Munger: Well, I dont think I know exactly what the future of banking is and I dont think I know how the payment system will evolve. Charlie Munger: Im a great admirer of Jeff Bezos whom I consider one of the smartest businessmen who ever lived. At times in my life, I have put myself to a standard that I think has helped me: I think Im not really equipped to comment on this subject until I can state the arguments against my conclusion better than the people on the other side. All the good things. Ratios & Margins Daily Journal Corp. All values updated annually at fiscal year end Valuation P/E Ratio (TTM) - P/E Ratio (including extraordinary items) - Price to Sales Ratio 6.55 Price to Book. Eli Lilly Slashes Price of Insulin | Nasdaq USD. But I wont be following him. Thats the nature of capitalism. 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 Charlie Munger: Well, its not easy to handle accumulated money in the current environment when these stocks are so high and partials of real estate of certain kinds are also very inflated. Of course, thats a useful thing. Corporate Actions Services. However, could you be more specific? Daily Journal Corporation Company Profile | Los Angeles, CA At about the same time, we bought a newspaper in Phoenix and that worked out extremely well. 75% of the total holdings value. And thats not a sure thing either. Daily Journal | DJCO Stock Price, Company Overview & News - Forbes But, of course, if we got a chance to do it again, we would do it better. Question: What are Mr. Mungers thoughts on the recent GameStop short squeeze by social media and the resulting implications on short selling in the future? Can you speak to the causes, the trend, and make some predictions? Appian: Well-Positioned Platform for Building Enterprise Software, PDF Solutions: Lowly Valued, with Net Cash and Growing SaaS Business, Interactive Brokers: Automated, Low-Cost, High-Margin Business. Matthew Peterson is the Managing Partner of Peterson Capital Management, LLC. Home - IR Magazine Awards - US 2023 But he knew how to learn what he didnt know. When the pandemic is over, I dont think were going back to just the way things were. There are companies that Daily Journal Corp is getting rid of from its portfolio. DAILY JOURNAL CORPORATION : Company profile, business summary, shareholders, managers, financial ratings, industry, sector and market information | Nasdaq: DJCO | Nasdaq Information and insights on key investors, paired with strategic outreach to help corporations capitalize on relationships. Daily Journal Corp publishes newspapers and web sites covering California and Arizona and produces several specialized information services. The meeting was held on February 24, 2021. The base salary for Investor Relations Manager in companies like DAILY JOURNAL CORP range from $117,251 to $165,504 with the average base salary of $145,822. What do you think of all of the SPACs and the promoters pushing them? I do think the present CEO is an extraordinarily able man and the directors made a very wise choice when they put him in charge. Do you agree that there is a close parallel to the late 90s and that this, therefore, must end badly?. Daily Journal Corporation (DJCO) company profile & facts - Yahoo! But I dont think thats going to end up with a mistake. Question: My question concerns China. As a matter of fact, what happens is to make a nation rich, you need a free market system. The Form 13F report requires disclosure of the manager that files the report, the name and class of the security, the CUSIP number, the number of shares . Question: You and Warren have been adept at quickly sizing people up, particularly business leaders and potential business partners. Can you provide similar insight regarding the future at the Daily Journal and would you consider implementing policies like those at Berkshire so shareholders can get to know the up-and-coming leaders in the organization? All we can promise is that were gonna try and so far as I can tell, were doing pretty well. A single vial can cost upwards of $300, meaning a monthly cost of $1,000. New species are created and old species are dying. Featured Content Voir plus Voir moins Financial Analyst PaineWebber, Inc - UBS fvr. I kind of admire the way Bill takes on these very hard problems. Charlie Munger: Real estate has always been a difficult field. Trending Stocks. What I see in China now just staggers me. Code of Business Conduct and Ethics; Whistle Blower Policy; Shareholder Rights Agreement Annual Meeting of Stockholders Date: June 13, 2022 Time: 10:00 a.m. EDT Location: Hilton McLean Tysons Corner He was a one party system but he could always be removed by the electorate. Charlie Munger at the 2021 Daily Journal annual meeting spoke once again at great length. Ive been pretty quiet. I do think that Im way less afraid of inequality than most people who are bleeding about it. And I dont know whether hes right or not. So he married her. Its difficult to break into the legal advertising system which supports so many newspapers, not only in California but elsewhere. The Daily Journal shareholders will have to take whatever outcome comes from caring more about our customers than is at all common. If you do that all the time; if youre looking for disconfirming evidence and putting yourself on a grill, thats a good way to help remove ignorance. DJCO Stock Price & Charts | Daily Journal These symbols will be available throughout the site during your session. In 1978, the year Deng Xiaoping took over, it was 300. Chairmans Letter Im pretty easy on myself these days. Tom Gayner, Adds value to my research process. Matthew has over a decade of experience with global financial services firms including Goldman Sachs, Morgan Stanley, Merrill Lynch, American Express, and Ameriprise Financial. We expect many of our employees to always be at client court offices because we work with them very closely to make sure they get what they need. Charlie Munger: Well, commission-free trading is a very good candidate for that if you want to emphasize disgusting-wise. At the age of 97, Charlie Munger wasnot surprisinglysharp as a tack. My guess is we have suffered some editorial quality. And that institution has two assets in its endowment account. Request Information Question: Many believe that inequality accelerated by this pandemic has reached alarming levels that demand drastic solutions such as a wealth tax. So its very difficult. Daily Journal Corp - Filing History - Charlie Munger - Fintel Annual stock financials by MarketWatch. And, of course, it works way better than our medical system. Previously, Buntain worked at The Carlyle Group, where he . The bad news is its not clear whos gonna win all the business or how much money is going to be made. Whoever dreamed when I was young that Kodak and General Motors would go bankrupt. That way, whatever happens, he feels smart. Announces Participation in 2023 ROTH Conference and 2023 UBS Global Consumer and Retail Conference. Charlie Munger: I have seen an episode or two of the Queens Gambit. Webcast. Their last reported 13F filing for Q4 2022 included $174,434,000 in managed 13F securities and a top 10 holdings concentration of 100.0%. Bitcoin reminds me of what Oscar Wilde said about fox hunting. But, I dont think Ive got a lot to contribute. Ideaweek Podcast How do you decide to hold on to a stock or sell some? Through invitation-only events and member publications, MOI Global fosters a community of intelligent investors united by a passion for lifelong learning. What do you make of these two pricings? Classified advertising is down significantly. They really need the world to stay the way it is. Investor's Business Daily (IBD), which . He was a very smart man and he had a lot of good ideas. A lot of the old moats are going away, and, of course, people are creating new moats all the time. Im satisfied with the way things have worked out and Im not gnashing my teeth when other people are doing better.
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