Buffett says decision to sell some Apple stock 'was probably a mistake'

Berkshire Hathaway CEO, his business partner make blunt admissions at annual meeting.

Warren Buffett just wanted to say sorry.

The chief executive officer made a few blunt admissions at his annual meeting of Berkshire Hathaway Inc. shareholders on Saturday. Among them were regrets over Apple Inc. stock sales, the circumstances surrounding its airline share dump, and a failed healthcare venture.

“That was probably a mistake,” Buffett said of its decision to sell some of the iPhone maker’s stock last year. The move was also deemed an error by his business partner Charlie Munger, who had let Buffett know of his view “in his usual low-key way,” Buffett joked at the virtual meeting.