If you mean it as a sort of "derogatory" description of what non-libertarians think of actual Libertarian beliefs, then that makes sense.
However, in actuality, libertarianism and anarcho-capitalism is very clear about what its core foundations are. And you'll only find the left-libertarians that are very wishy-washy about their beliefs such that each one has their own definition of "stuff I like, and not stuff I don't like".