Continuity mistake: In the scene where Walter is bribing the Warlords with cake, the warlord stabs the cake with his bayonet through the lemon icing wedge, but in the next shot the knife is in at a different angle when he takes a bite. Then as he he smiles at his men the knife is inserted into the cake in a completely different way, with no bite missing. (01:19:00)
Continuity mistake: When Kristen Wiig is bringing coffee to the office building and meets Walter Mitty reviewing negatives, her purse changes shoulders. When the camera is on her the shoulder strap is on her left, but when the angle changes to her back facing Walter the purse is visible and hanging off her right shoulder.
Continuity mistake: In the last scene when Mitty and the lady friend see the magazine cover at the news stand he is wearing hiking boots. Then when they switch to the wide angle of the two of them walking away, Mitty is wearing a type of work/military boot. (01:45:00)