Apple co-founder says he doesn’t regret selling his stake for $800 — even though it would be worth $400 billion today

The article recounts Apple co‑founder Ronald Wayne’s decision to sell his 10% stake in Apple for $800 (plus a later $1,500) shortly after founding the company, a choice that would be worth roughly $400 billion today given Apple’s ~ $4 trillion market value. Wayne, now 91, says he has no regrets, arguing the decision made sense given his personal financial risk at the time. The piece uses the anecdote to highlight survivorship bias and why a tiny number of winners drive long‑term market gains, citing research from JPMorgan and Arizona State. Market takeaway: the story is a reminder for investors about the rarity of extreme winners and the value of diversification rather than concentration in single-stock bets like AAPL.