Beer billionaire Jim Koch buys random stocks, babysitter makes trades

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Beer billionaire Jim Koch buys random stocks, babysitter makes trades
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Beer billionaire Jim Koch buys a random stock every 2 weeks - and trusts his former babysitter to execute his trades

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about his unusual investment strategy, explaining that he won't even attempt to beat the market through savvy stock selection.

The entrepreneur added that it would be too much hassle to personally oversee his portfolio."I don't want to worry about it," he said."It's boring. It's annoying."

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