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419- $100 Bills: Berkshire Meeting part 3
InvestED: The Rule #1 Investing Podcast
The Importance of Banking in the Investment Banking World
CNN's Jim Cevallos sat down with Charlie Munger to talk about banks. He says the banking sector is really a problem because deposits are not sticky anymore. People can move their money digitally, literally instantly as proven by Silicon Valley Bank. The idea that banks have big moats like that's going to keep you from moving your money from Bank of America to Wells Fargo just isn't the case anymore.
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