The most powerful stance in basketball is called the “triple threat.” Taipan Publishing Group’s Editor Kent Lucas explains how the “triple threat” concept also applies to investing.
In Search of the “Triple Threat” Investing Opportunity
If you’ve ever played organized basketball, then you’ve probably heard of the “triple threat.” The idea is that when a strong player receives a pass, he (or she) should be in a ready (knees slightly bent) position, poised for multiple avenues of attack.
It’s called the “triple threat” because there are three different ways of moving toward the goal – shooting, passing or dribbling.
Well, my beat is obviously long-term investing (rather than basketball). So how does the idea apply in that regard? Basically, the “triple threat” concept represents a company’s ability to perform in at least one of three critical areas.
