'Or maybe he talked about it some more and thought about it some more and changed his mind.'

Reminds me a lot of of the Oracle buy then quickly sell in late 2018:

' Buffett's widely-publicized investment strategy is to buy shares in companies he understands and hold them for the long term. It turns out he broke both rules with an Oracle shareholding worth $2.1 billion, which appeared mysteriously in the third quarter report and had vanished by the time the fourth quarter numbers were unveiled.

The topic came up in a two-hour TV interview with CNBC's Becky Quick. Buffett explained that "after I started buying [Oracle], I felt I still didn't understand the business. I actually changed my mind in terms of understanding it, not in terms of evaluating it. Oracle is a great business, but I don't think ' particularly after my experience with IBM ' I don't think I understand exactly where the cloud is going."'

Honestly, I suppose we have all done the same exact thing but on a much smaller scale! Prefer the sale if their conviction is not there.

Berkshire Hathaway FAQ

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