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In this segment, Stephen Michael Jones, the new chairman and interim CEO of Daily Journal Corporation as of March 2022, addresses attendees at the annual shareholder meeting at the Los Angeles headquarters. He introduces Charles T. Munger, the legendary figure who served as chairman for many decades and remains a director on the board. Jones expresses gratitude towards Munger for continuing to manage the company's substantial portfolio of marketable securities without charge. The meeting has gained popularity as a unique event over the years.