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TheStreet Open House

The Abundance Business

Here's another surprising source of abundance: 3D printing. It's about where computer printing was in 1978, and it's about to create abundance in the creation of customized stuff.

It's nothing less than a revolution in manufacturing, as TechCrunch notes , and the big money will go to those that can make use of this new abundance.

Or take garbage. Waste Management (WM) has become the biofuel industry's sugar daddy, as I wrote recently at Seeking Alpha. It backs companies such as Renmatix and Enerkem , which want to use its garbage as a feedstock for fuel.

Again, the name of the game is using abundance, turning what we have a lot of into something of value.

If you want to make money, look for abundance, and find a way to turn that abundance into something people will buy. While most reporters are looking at shortages -- of food, of fuel, of water -- the solutions to our problems are at hand, in abundance.

This is a business that tech reporters know well. It would do well for energy and manufacturing reporters to learn how it's played, too. For them, it's 1978. I only wish I were 23 again so I could take the coming ride with you.

At the time of publication, the author had no holdings in the companies mentioned.

This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.

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