RWH037: Celebrating Charlie Munger w/ Mohnish Pabrai, Tom Gayner, Joel Greenblatt, & Chris Davis
“Charlie was chairman for a long time of a small publishing company called The Daily Journal, and every year he would preside over the annual meeting”
69 mentions across the corpus · positive 21 · negative 1 · neutral 47 · historical 0
RWH037: Celebrating Charlie Munger w/ Mohnish Pabrai, Tom Gayner, Joel Greenblatt, & Chris Davis
“Charlie was chairman for a long time of a small publishing company called The Daily Journal, and every year he would preside over the annual meeting”
RWH037: Celebrating Charlie Munger w/ Mohnish Pabrai, Tom Gayner, Joel Greenblatt, & Chris Davis
“I showed up at the Daily Journal meeting... building that was the Daily Journal's headquarters, I think, in Los Angeles”
RWH037: Celebrating Charlie Munger w/ Mohnish Pabrai, Tom Gayner, Joel Greenblatt, & Chris Davis
“at the Berkshire Meeting or the Daily Journal Meeting, there's no F word because it's so natural the way he speaks”
RWH037: Celebrating Charlie Munger w/ Mohnish Pabrai, Tom Gayner, Joel Greenblatt, & Chris Davis
“Charlie was chairman for a long time of a small publishing company called The Daily Journal, and every year he would preside over the annual meeting”
RWH037: Celebrating Charlie Munger w/ Mohnish Pabrai, Tom Gayner, Joel Greenblatt, & Chris Davis
“and so I, I literally just camped out in front of the room where he was having that meeting for an hour at the Daily Journal meeting”
RWH037: Celebrating Charlie Munger w/ Mohnish Pabrai, Tom Gayner, Joel Greenblatt, & Chris Davis
“go again and again I think to the Daily Journal meeting and the Berkshire Hathaway meeting”
RWH037: Celebrating Charlie Munger w/ Mohnish Pabrai, Tom Gayner, Joel Greenblatt, & Chris Davis
“at the Berkshire Meeting or the Daily Journal Meeting, there's no F word because it's so natural the way he speaks”
RWH037: Celebrating Charlie Munger w/ Mohnish Pabrai, Tom Gayner, Joel Greenblatt, & Chris Davis
“Charlie was chairman for a long time of a small publishing company called The Daily Journal, and every year he would preside over the annual meeting”
RWH037: Celebrating Charlie Munger w/ Mohnish Pabrai, Tom Gayner, Joel Greenblatt, & Chris Davis
“I showed up at the Daily Journal meeting, and I knew that at the very start, he was having a private meeting, I guess with the board, before the general meeting would start”
RWH037: Celebrating Charlie Munger w/ Mohnish Pabrai, Tom Gayner, Joel Greenblatt, & Chris Davis
“he'd spent maybe an hour in a private meeting with the board of the Daily Journal”
RWH037: Celebrating Charlie Munger w/ Mohnish Pabrai, Tom Gayner, Joel Greenblatt, & Chris Davis
“at the Berkshire Meeting or the Daily Journal Meeting, there's no F word because it's so natural”
Daily Journal Annual Meeting 2023 — Munger Q&A
“Steven Myhill-Jones, the new Chairman and Interim CEO of Daily Journal Corporation as of the end of March 2022.”
Daily Journal Annual Meeting 2023 — Munger Q&A
“Daily Journal's unique position of being a newspaper, which generated enough excess cash in the past to invest in an equity portfolio.”
Daily Journal Annual Meeting 2023 — Munger Q&A
“Daily Journal's $350 stock was selling way above the price that you would pay for the new shares. As I write this, Daily Journal trades for $305 a share, a $420 million market cap.”
Daily Journal Annual Meeting 2023 — Munger Q&A
“It's not a crazy thing to own now at the market valuation, but it's not cheap either.”
Daily Journal Annual Meeting 2023 — Munger Q&A
“That question mentioned the bank dividends that you all have at DJCO.”
Daily Journal Annual Meeting 2023 — Munger Q&A
“Through the lens of Daily Journal Corporation, AI is something that we started experimenting within the summer”
Daily Journal Annual Meeting 2023 — Munger Q&A
“David Kass... is a shareholder of the Daily Journal Corporation and would appreciate it if you'd answer one of these questions.”
Daily Journal Annual Meeting 2023 — Munger Q&A
“look at the Daily Journal Corporation. We just put in a 401(k) plan. What are the investment options for the people at work? 0. It's all index funds.”
Daily Journal Annual Meeting 2023 — Munger Q&A
“he wants to thank you, Charlie, for gifting some DJ Co shares to establish that newly -- that new Daily Journal management equity incentive plan”
Daily Journal Annual Meeting 2022 — Munger Q&A
“The Mungers have Berkshire stock, Costco stock, Chinese stocks through Li Lu, a little bit of Daily Journal stock”
Daily Journal Annual Meeting 2022 — Munger Q&A
“this little Daily Journal Corporation has…one business is dying, and we have all this liquid wealth and marketable securities...It's quite an achievement.”
Daily Journal Annual Meeting 2022 — Munger Q&A
“And the Daily Journal is a mini-Berkshire. What are the chances that a little flea-bitten newspaper in Los Angeles would be as prosperous as it is”
Daily Journal Annual Meeting 2022 — Munger Q&A
“And the Daily Journal has used up its cash. Now Berkshire has excess cash.”
Daily Journal Annual Meeting 2022 — Munger Q&A
“it's not a tragedy that Berkshire has some surplus money they're not investing. And you can argue that the little old Daily Journal, what a good thing it was”
Daily Journal Annual Meeting 2021 — Munger Q&A
“the Daily Journal has sold one share”
Daily Journal Annual Meeting 2021 — Munger Q&A
“Do you think the Daily Journal would have hundreds of millions of marketable securities now if Gerry didn't know how to learn something new?”
Daily Journal Annual Meeting 2021 — Munger Q&A
“The daily journal stock sells way above the price I would pay if I was buying new stock.”
Daily Journal Annual Meeting 2021 — Munger Q&A
“It's very hard to have a shrinking business. Gerry has done magnificently well.”
Daily Journal Annual Meeting 2021 — Munger Q&A
“In 1999, the year the Daily Journal bought Sustain Technologies, the traditional business employed 355 full-time employees”
Daily Journal Annual Meeting 2021 — Munger Q&A
“This year's annual report suggests that the traditional business has 97 full-time employees.”
Daily Journal Annual Meeting 2021 — Munger Q&A
“Gerry, being a sound thinker, you know, did the very unpleasant work of shrinking it appropriately without bothering me or Rick.”
Daily Journal Annual Meeting 2021 — Munger Q&A
“It showsed how wise we were to put him there in the first place.”
Daily Journal Annual Meeting 2021 — Munger Q&A
“I don't think the quality of publishing public notice advertising has gone down.”
Daily Journal Annual Meeting 2021 — Munger Q&A
“One of the interesting things about the Daily Journal is that we made all that money in the foreclosure boom”
Daily Journal Annual Meeting 2021 — Munger Q&A
“The Daily Journal shareholders will have to take whatever outcome comes from caring more about our customers than is at all common.”
Daily Journal Annual Meeting 2021 — Munger Q&A
“I certainly hope that they succeed mightily in their software endeavor to automate all these courts for the modern world... I hope the newspaper survives too.”
Daily Journal Annual Meeting 2021 — Munger Q&A
“I never buy any and neither does Daily Journal. But, no, I don't think Treasury securities are a big problem.”
Daily Journal Annual Meeting 2021 — Munger Q&A
“What little newspaper company has come through the crisis of this destroying of all the newspapers better than the little Daily Journal?”
Daily Journal Annual Meeting 2021 — Munger Q&A
“Do you think the Daily Journal would have hundreds of millions of marketable securities now if Gerry didn't know how to learn something new?”
Daily Journal Annual Meeting 2021 — Munger Q&A
“What would management [of Daily Journal] do with a sudden windfall of profits?”
Daily Journal Annual Meeting 2021 — Munger Q&A
“The daily journal stock sells way above the price I would pay if I was buying new stock.”
Daily Journal Annual Meeting 2021 — Munger Q&A
“we've reduced the number of offices we have both for Journal Technology and for the Daily Journal”
Daily Journal Annual Meeting 2020 — Munger Q&A
“Daily Journal Corporation strangely is not going to disappear. If all our business fails, we still have a lot of marketable securities”
Buffett: Coronavirus threat shouldn't change how you invest | February 24, 2020
“Charlie's shareholder meeting for The Daily Journal. Sure. We send cameras out, we watch it.”
Daily Journal Annual Meeting 2019 — Munger Q&A
“it's amazing how well Berkshire Hathaway, and the Daily Journal for that matter, have succeeded with nothing more than basic morality and sturdy common sense.”
Daily Journal Annual Meeting 2019 — Munger Q&A
“I sit here with my Daily Journal stock, my Berkshire Hathaway stock, my holdings in Li Lu's Asian fund”
Daily Journal Annual Meeting 2019 — Munger Q&A
“Take the Daily Journal Corporation. We made quite a few millions of dollars out of the foreclosure boom because we published legal notices and we dominated the publication of foreclosure notices”
Daily Journal Annual Meeting 2019 — Munger Q&A
“if you actually figure out how many decisions were made in the history of the Daily Journal Corporation or the history of Berkshire Hathaway it wasn't very many per year that were meaningful.”
Daily Journal Annual Meeting 2019 — Munger Q&A
“By the way, when we bought the Daily Journal that was easy. What we're doing now in this software business is difficult.”
Daily Journal Annual Meeting 2019 — Munger Q&A
“can you share a multi-decade vision for Journal Technologies”
Daily Journal Annual Meeting 2018 — Munger Q&A
“exceeds Berkshire Hathaway and the Daily Journal in terms of old directors in office is the Mormon Church”
Daily Journal Annual Meeting 2018 — Munger Q&A
“It's disadvantageous to have securities in a corporate vehicle like the Daily Journal Corporation.”
Daily Journal Annual Meeting 2018 — Munger Q&A
“It certainly won't happen at the Daily Journal.”
Daily Journal Annual Meeting 2018 — Munger Q&A
“So I don't think we have big accounting problems at the Daily Journal.”
Daily Journal Annual Meeting 2018 — Munger Q&A
“I am not that worried about the accounting at the Daily Journal. Basically it's more conservative than other people in our industry.”
Daily Journal Annual Meeting 2018 — Munger Q&A
“I'm not worried about material weaknesses in accounting at the Daily Journal. Our lovely marketable securities aren't drinking.”
Daily Journal Annual Meeting 2017 — Munger Q&A
“the little Daily Journal Company going into the computer software business. It's a long, slow kind of business”
Daily Journal Annual Meeting 2017 — Munger Q&A
“deferred gratification really does work if what you're interested in doing is growing a business that gets better and better... Guerin and I have never taken any money out of this company”
Daily Journal Annual Meeting 2017 — Munger Q&A
“take the difference between Valeant and the Daily Journal Company, and the foreclosure boom came, we had 80 percent of the foreclosure business in our area. It would have been very easy for us to rais”
Daily Journal Annual Meeting 2017 — Munger Q&A
“We did not have a number two choice to run the Daily Journal, and by the way, that happens to me all the time”
Daily Journal Annual Meeting 2017 — Munger Q&A
“2017 Daily Journal Corporation Annual Meeting — Charlie Munger speaking at the annual meeting”
Daily Journal Annual Meeting 2015 — Munger Q&A
“Munger is also chairman of the Daily Journal Corporation (ticker: DJCO), a legal publisher based in Los Angeles, and their annual meeting was held on 3/25/2015”
Daily Journal Annual Meeting 2015 — Munger Q&A
“Now the Daily Journal I do not think is overstaffed. I don't think it ever has been.”
Daily Journal Annual Meeting 2014 — Munger Q&A
“I'm Charlie Munger, Chairman of the Board of the Daily Journal Corporation (DJCO), and I welcome all of you”
Daily Journal Annual Meeting 2014 — Munger Q&A
“What is the Daily Journal (ticker: DJCO) doing about pricing and other competitive issues?”
Daily Journal Annual Meeting 2014 — Munger Q&A
“The Daily Journal has a lot of assets that aren't going away just because the people leave. We're not stupid and we're not taking the shareholders to zero.”
Daily Journal Annual Meeting 2013 — Munger Q&A
“From 2000 to 2008, Daily Journal seemed to reinvest nearly all of its profits into US Treasury notes and bills. In the last two years, after February 2009, Daily Journal has invested over $30 million”
Afternoon Session - 2010 Meeting
“Charlie has a company called the Daily Journal company. And the Daily Journal company has a bunch of cash...they bought $15 million worth of stocks, and they were worth...became $45 million”