‘Part older brother, part loving father': Warren Buffett insists his departed vice chair, Charlie Munger, was the ‘architect' of Berkshire Hathaway all along [Yahoo! Finance]
Daily Journal Corp. (S.C.) (DJCO)
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dailyjournal.com
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Source: Yahoo! Finance
Munger, who passed away in late November, became vice chairman at the conglomerate in 1978. But well before then, he was providing crucial advice about running the company. Buffett wrote that in 1965, Munger told him to “forget about ever buying another company like Berkshire,” but now that he had control of it, to “add to it wonderful businesses purchased at fair prices and give up buying fair businesses at wonderful prices.” Buffett followed his instructions. After Munger joined Berkshire, he repeatedly “jerked me back to sanity when my old habits surfaced,” Buffett wrote. “Until his death, he continued in this role and together we, along with those who early on invested with us, ended up far better off than Charlie and I had ever dreamed possible.” Aside from advising Buffett, Munger also made key decisions that turbo-charged Berkshire's success. His best call, he said a year ago , was an investment in the Chinese automaker BYD , which recently overtook Tesla in global sal
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DJCO
News
- Daily Journal Co. (NASDAQ: DJCO) was upgraded by analysts at TheStreet from a "c+" rating to a "b" rating.MarketBeat
- Daily Journal Corporation Announces Receipt of Expected Non-Compliance Letter from Nasdaq [Yahoo! Finance]Yahoo! Finance
- Daily Journal Corporation Announces Receipt of Expected Non-Compliance Letter from NasdaqGlobeNewswire
- Estimating The Fair Value Of Daily Journal Corporation (NASDAQ:DJCO) [Yahoo! Finance]Yahoo! Finance
- Daily Journal Corporation Announces Financial Results for the three months ended December 31, 2023 [Yahoo! Finance]Yahoo! Finance
DJCO
Analyst Actions
- 3/19/24 - TheStreet
DJCO
Sec Filings
- 4/4/24 - Form 13F-HR
- 2/20/24 - Form 8-K
- 2/15/24 - Form 10-Q
- DJCO's page on the SEC website