Being libertarian means being open to all ideas and free of opinions or biases that might blind you from the perfect investment opportunity. After looking at things with an open mind, you’ll need to narrow them down by exerting a certain amount of paternalism. The process here is about narrowing things down. Eliminating choices. Giving yourself fewer options.
Bailey recommends seeking out stocks that have the potential to beat, or outperform, the market, Like a company that has changed management, made a sizable acquisition, created a new division, or perhaps launched a new product campaign.
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