A sector analyst covers 25–40 companies properly. The sector has 300. The other 260 are a blind spot — and you are judged on the ones that surprise you.
Deep coverage — models, notes, calls — is bounded by hours in a week and cannot be scaled. Staying informed is bounded by information processing, which can. ThirdLatent does not expand the first. It expands the second.
Modelled, written up, tracked quarter to quarter. This number does not change.
Companies tied to your 30 through shared directors, shared institutional owners or overlapping segments. No model required — you just need to know when they move.
And that is fine. The point is to shrink the blind spot, not eliminate it.
Fifteen industrials — ETN, HON, EMR, PH, ROK, JCI, CARR, MMM, GE, RTX, LMT, CAT, DE, UPS, FDX. ThirdLatent returned 29 connected companies outside that list. Four were spin-offs of names already on it, still sharing executives with the parent.