
In the 1970s, a shipping clerk named Ronald Wayne owned 10% of a tiny startup called Apple. > Twelve days later, he sold his entire stake for $800. > He was 41 years old and far older than the two other founders, Steve Jobs and Steve Wozniak. Ronald Wayne had already lost money in a failed business before, and he was terrified the company’s debts would ruin him again. > So he walked away. > At the time, Apple was building computers in a garage and borrowing money just to survive. Selling his shares probably felt responsible, maybe even smart. > Today, that 10% stake would be worth hundreds of billions of dollars. > Ronald Wayne once said he has no regrets because he knows the stress would have destroyed him. Most people think huge financial mistakes come from greed. Sometimes they come from fear.
