Sometimes calling something a mistake is a mistake. The market wasn't pleased with Zillow Group (NASDAQ: Z) (NASDAQ: ZG) when it decided it was done flipping homes. Qwikster became a national punchline after Netflix (NASDAQ: NFLX) announced it would separate its streaming platform from its flagship DVD rental business. 

The initial narrative was that Zillow and Netflix were wrong when they made these surprising strategic changes. It was the boo birds who got it wrong in the end. Let's take a closer look. 

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Source Fool.com