My December sell rating on DJCO was driven by its extreme 3.2x price-to-book valuation, which has since corrected with a 30% share price drop. Daily Journal is a unique blend of legacy newspaper ...
The Daily Journal Corporation's shares have surged 80% in the past year, now trading at 3.2x price-to-book value, which I believe grossly overvalues the company. With Charlie Munger's passing, DJCO's ...