Graphene is a newly recognized form of carbon comprised of single sheets of atoms. It is likely to transform infotech and nanotech in the coming decade. Amazingly, these molecules are found in ordinary pencil lead. What are the implications? We’ll put pencil to paper and sketch out the details.

As with almost every wave of change, first there’s an initial rush of enthusiasm by everyone who thinks he can make a buck; then there’s a sudden realization that something is amiss; and finally, there’s a collapse into despair and reconsideration. It was true for commodities in the ‘70s and for junk bonds in the ‘80s. It was true for the dot-coms in the ‘90s. And, it was true for housing in this decade. Now, we’re seeing the same pattern with alternative energy, which is driven by anxieties over human-induced climate change. What’s ahead? And, how can you profit? We’ll explain.