Revolution investing, Sony and surviving 9/11 in NYC

No trades for me today. Got a TV appearance or two I am trying to make tonight, but not sure I am going to get out of the MoneyShow and Scutify marking mode here in time to get there.

Onto today’s report then.

I’ve still got 9/11 scars from living in NYC and running from the crashing WTC towers. But here it is 9/11 thirteen years later and I’m just sayin’- Last night, I was at the NYSE tonight and even brought my wife and daughter to the city with me. God bless America and the planet Earth. Rock on.

I’d been invited to the NYSE by Kim time chatting up Doug Morris of Sony Music. We talked about Apple’s latest event and he thought the U2 appearance was a really cool way for Apple to close Tuesday’s big product roll out event.  I agreed that it made Tim Cook look cool, but I’m less sure it was a good thing for the band. I’m curious – have any of you  bothered to download the free U2 album on iTunes? Is it any good?

Talking about Apple, one of his friends asked how Apple had closed yesterday. So of course, I had to mention that I remember buying Apple at $1 a share when they were rumored to be buying Universal Music Group when Doug Morris himself was running UMG. Apple’s stock had been hit on the rumors, which had given me the chance to buy it on the cheap as it traded below its net cash balance. I told Doug that I’d basically decided to bet my career on the Apple train when I’d gotten on it. He laughed and said that was a good train to have gotten on board and bet on.

So I told him I had a new train I was looking to ride for a while now. His own Sony, SNE. I recently added Sony to the Revolution Investing portfolio and started scaling into some for my own portfolio too. I told him that with all the new channels of distribution for movies and TV shows and with Sony’s exhaustive catalog of great TV shows and movies that Sony has a lot of leverage and could be entering a prime “content is king” phase of their business. Doug commented on how he thought Sony’s movie and television divisions might be worth more than Sony’s entire market cap and I totally agree. I pulled out my Google Glass wearable to show him how Sony’s music division has another huge distribution explosion coming as we can access music from devices like that. Doug put my Google Glass on and I think he enjoyed it.

The revolution continues apace. Are you riding any revolutionary trains yet? Doug Morris is. I am. So should you.