The 1 Stock I'd Never Put in an IRA
Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) under the leadership of world-class investor Warren Buffett has been one of the greatest American success stories. Over the past 50-plus years, Buffett has radically transformed the former textile company into an insurance and investment holding company powerhouse. Along the way, Berkshire Hathaway has created scores of millionaire investors.
Yet despite that incredible success, Berkshire Hathaway's class A shares represent the one stock I would never put in my IRA. There are several reasons for that reluctance, but they all tie to the purpose, structure, and benefits of investing inside an IRA vs. an ordinary brokerage account.
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Source: Fool.com