In regards to Twitter — their new Periscope app (https://www.google.com/#q=periscope+app) is a Live Video Streaming apps….which is what I’ve been saying would be HUGE.

The Periscope app is also the incarnation of exactly what I’ve been saying is what GoPro GPRO was supposed to “pivot” into. GoPro, as I’ve said all along, is a hardware company, not an app company and they seem to be missing the App Revolution.

Meanwhile Twitter is an app-first company, and the new Periscope is exactly what I was talking about here in this “3 growth industries revolutionizing the world” when I wrote:

“You’re going to see kids wearing HD camera recorders in their hats, sunglasses, clothes and accessories and streaming their lives up and down the Internet. You’re going to see people wearing displays and talking to themselves as they engage with their smart devices. Imagine your smartphone becoming a hub that controls your wearables and connects them to the Internet. Revolutionary on a global scale.”

Just a few months later and our own long position Twitter is now in the driver’s seat as perhaps the single best pureplay on the wearables revolution. I own Twitter since I bought common stock and call options in it when TWTR’s stock was in the low $30s and continue to hold my common stock position in it steady.