The document discusses common myths surrounding stream processing with Apache Flink, emphasizing that streaming encompasses continuous data processing and is different from real-time systems. It debunks four myths: the tradeoff between throughput and latency, the misconception that exactly-once processing is impossible, the belief that streaming is synonymous with real-time, and the notion that streaming is overly complex. The document highlights Flink's capabilities, such as managing state and enabling transactions, which address these myths and showcase its applications in various industries.