three bullet theory

The practice of keeping only three bullets in your gun. Allows you to get enough shots in to do the damage you need to do, while also minimizing jail time in the event that you get caught. See example.

"I used to have this theory: keep three bullets in the gun
It was a mandatory year up here in Michigan
For each bullet if you got no CCW license
I tried to apply for one, they said it'd take 5-6 months
What the fuck am I supposed to do...mean time my rivals come
Hide that sumbitch in the glovebox or inside the trunk
Now, back to what my three bullet theory was
I'm triple platinum, I ain't tryin' to catch no murder one
Figured I'd shoot to wound, probably miss with at least one
But them other two gon fuck his shoulder and his kneecap up
Then I'm a say it's self defense, how come I had the gun
Was because I was at the range, on my way back from
This dude approached me on some bullshit
I'd get a year for each bullet at the most
As opposed to havin' a full clip in that"
-Eminem (Bizarre-"Hip Hop")

three bullet theory by Nick D October 10, 2005

Single Bullet Theory

Literally, a theory that states when man is set against impossible odds, his final bullet will be on himself rather than his enemies. Figuratively, a plan to "cut one's losses" or make sacrifices as a last resort.

So, yeah, according to Mike's single bullet theory, he's gonna play the market right out to the bitter end and try to cash in on as many stocks as possible; however, things don't look good.

Single Bullet Theory by MACHone Inc. September 2, 2005

JFK single bullet theory 

The act of screwing a blindfolded woman from behind when a friend sneaks in and jacks off on her face. She has no idea where it came from.

"Dude, that JFK single bullet theory we pulled on Sarah the other night was the absolute tits!"

JFK single bullet theory by Shlicky September 15, 2006

Magic Bullet Theory 

The theory that attempts to explain how the infomercial product, "The Magic Bullet", actually works. It fails miserably and everyone who bought this product hates themselves for having believed the commercial's lies.

I bought a Magic Bullet and it worked for about 2 tries before a nasty burning smell started to come from around the blades and the cord burned out. It would also not blend up ice nearly as well as the commercial or the box said it would. What a piece of junk! So much for the Magic Bullet Theory!

Magic Bullet Theory by Tex-Mex Shawn C. December 4, 2010