2 of Warren Buffett's Biggest Swings and Misses Share a Common Theme

Warren Buffett's retirement as Berkshire Hathaway CEO marks the end of an era of exceptional returns, but the article highlights his two largest investment mistakes: selling Apple shares too early (missing out on $106.4 billion in gains) and divesting from Disney in 1967 for $6 million when a 5% stake would be worth $8.3 billion today. The common theme is that Buffett's biggest misses weren't from being wrong about companies, but from lacking patience and selling winning positions prematurely.