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Paul Mampilly: The Potential for 3-D Printing Technology

Paul Mampilly has worked in the investment field since 1991 when he began his career on Wall Street. He was first an assistant portfolio manager at Bankers Trust. Over time he was picked up by Deutsche Bank, and it was there that he first managed multimillion dollar accounts. Eventually, he was recruited by Kinetics Asset Management as a hedge fund manager. During his time as the leader of a hedge fund, he was able to average 26% annual returns for the corporation. Perhaps one of his most impressive feats as an investor was his ability to turn $50 million into $88 million in the middle of the 2008 and 2009 financial crisis. Today he is a prominent publisher and a senior editor at Banyan Hill Publishing Company where he publishes editorials that aim to help the average investor increase their profit margins on their investments. Read more at PRNewswire about Paul Mampilly.

He has recently posted about advances in 3-D printing and potential implications that this could have on the construction market and in particular new home building projects. Paul Mampilly believes that 3-D printing could completely revolutionize the construction of new homes. The recent string of hurricanes in the United States of America has destroyed thousands of homes and caused billions of dollars worth of damage. Hurricane Irma alone has been estimated to have destroyed up to 25% of all the homes in the Florida Keys. As a result of these extreme damages, a 3-D printing company named Cazza has proposed a solution.

This 3-D printing company promises the ability to create custom-made homes and commercial buildings in as quickly as one week worth of work. Paul Mampilly states that not only can the company speed up the process of homebuilding but it can also make it much more affordable. He states that using the 3-D printing technology it will be possible to construct homes for up to 40% less than traditional homebuilding technology. The put this into perspective a home that would typically cost $100,000 to build would now only cost $60,000 to build. This significant level of savings in combination with the incredible speed at which houses are constructed using the 3-D printing technology could potentially disrupt the entire housing development industry.

Paul Mampilly believes that 3-D printing technology, particularly the type that is used to construct homes and buildings, could be one of the next big markets. He believes that in the near future the stocks of these companies will skyrocket. Visit: http://www.talkmarkets.com/contributor/Paul-Mampilly/

 

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