What is a Triple Threat?
Definition - A person who is skilled in three different areas. When the skills are combined, the person becomes exceptional.
An example in real life could be a professional performer, who can sing, dance and act at an above average proficiency. With these three skills combined, the performer is likely to be exceptional.
Triple threats that come commonly to mind: Hugh Jackman, Lionel Messi, Lady Gaga, Elon Musk, Lebron James and Richard Branson.
Looking for Triple Threats on the ASX
The ASX, like most other stock markets, contains huge investor opportunities if we know where to look. However, identifying the signs is no easy task, and the same sign doesn't always lead to the same outcome between stocks.
Successfully dentifying multiple signs of strength can improve our confidence that the company is in fact headed for growth. Conversely, the more red flags we recognise before investing, the more likely we are to avoid the pitfalls that often plagues amateur investors.
Our job as investors: make compelling investments by identifying Triple Threats before the rest of the market.
Just like how Elon Musk demonstrated excellence in entrepreneurship, innovation and leadership to create the biggest personal fortune the world has seen, Rare Triples will examine companies who are (and are not) setup for investor success.
Making us better investors
Our goal at Rare Triples is to highlight the companies doing the right thing for shareholders and exhibit their areas of strength. When three or more of these strengths unite, they become a Triple Threat - a potential company we may choose to research further knowing they have enough going right. We are fully independent and not sponsored by companies. Everything we write about is not research or advice either, we are just filtering the stock universe so you can focus on the potential gems.
It is also just as important to call out companies who are doing the wrong thing as well. As such, we will regularly look at the companies who are showing bad signs. From these, we know which stocks to watch out for, and also what strategies/signs duplicitous companies can have.
Please enjoy the content. Got a potential Triple Threat in mind? Submit it and let's show off those management teams that are setting their shareholders up for success. Submit a company here.