v., the act of farting while simultaneously shot-gunning a beer. The mouth of the can is hole number 1, the "shot-gun" hole that you puncture in the can is hole number 2, and the fart makes your asshole the "third hole." This leads to the highest possible rate of beer ingestion during the shot-gun due to overcoming the vacuum of the can and your intestines simultaneously. May lead to defecation, aka the "Third Hole Bogey."
Fogey/fogy /fougi/ sl. (early 18C+, orig. Scot) old-fashioned, stuck-in-the mud.
Person with old fashioned ideas which he is unwilling to change: Come to the disco and stop being such an old fogey!
You think me an old fogeyand an old tory, his thoughtful voice said. I saw three generations since O’Connel’s time. I remember the famine. Do you know that the orange lodges agitated for repeal of the union twenty years before O’Connel did or before the prelates of your communion denounced him as a demagogue? You fenians forget some things. (James Joyce, Ulysses. Penguin Books,1992. p. 38)