Discussion of BRK.B: I've read that the underlying holdings of BRK.B are highly diversified and therefore BRK.B can almost be likened to a mutual fund. Given its great average annual returns, why not invest the majority of a portfolio in them as opposed to mutual funds or ETFs?

I know past performance doesn't indicate future performance, but this seems like a good idea. My main concerns/questions are whether the tax advantages I get from my index fund investments in my Roth IRA and 401k would offset the additional gains I might get from holding BRK.B in a brokerage account (after also accounting for the long term capital gain taxes I would incur).

I'm fairly new to all this but trying to learn. Sorry if they're is something I'm overlooking.

Submitted January 07, 2018 at 07:01AM by I_eat_insects http://ift.tt/2CPT57U