Indeed, this was one of the hottest companies in the venture capital (VC) space. We can see why Magic Leap was such a hot company at that time. For the sake of newer readers, here’s a look at one of the demos I experienced: In fact, the augmentation and depth perception were extraordinary. There was a lot of hype around Magic Leap at the time, and for good reason… The demos were fantastic. The product will launch in September.Īs regular readers may remember, I tested out the Magic Leap One headset in AT&T’s Manhattan location back in December 2019. Magic Leap’s final test…īig news in the augmented reality (AR) space: Magic Leap just released the long-awaited Magic Leap 2.
If readers haven’t yet signed up, I’d encourage going right here to RSVP for free. Next Wednesday night, July 27, I’ll share all the details… and explain how these investments can protect and grow our wealth… no matter what the market does.
#THE BLEEDING EDGE NEWSLETTER HOW TO#
This investing style is the best way I know how to weather these volatile markets and see outsized gains no matter where stocks go next. We’re all seeing red in our portfolio (including me) as stocks and cryptos have tumbled. The rules of investing have changed this year. Now, before we get to the rest of today’s issue, I want to alert readers about an event I’m hosting in one week. It is far more likely that control will be systematically established similar to how it has been taking the sand from the Matsu Islands… inch by inch. China’s best interests are to preserve the success of Taiwan’s incredible economic engine, especially in light of China’s own economic challenges right now. I doubt it will be an all-out military conflict though. With all the conflict and chaos in Europe right now with countries keenly focused on basic necessities like food and fuel – and the state of affairs with the current U.S administration – China couldn’t ask for a better time to strike. In the first half of this year alone, it has already flown 555 sorties, 398 of which included combat aircraft.Ĭhina sees an opportunity to assert control over Taiwan, and its economic engine, which would give it an even more powerful position on the global stage. China has been increasingly stepping up the number of military sorties into Taiwan’s air defense identification zone. It doesn’t need to do so, but it is doing it because it can, to exert pressure on Taiwan bit by bit.Īnd it’s not just the sand. What makes these developments so odd is that China clearly has enough coastline of its own to dredge all the sand that it wants without disturbing Taiwan’s territory.Ĭhina has the 10th longest coastline of any country in the world at 14,500 kilometers, which is why its actions against Taiwan are a form of warfare. And the “theft” of the sand, which Taiwan sees as illegal, is literally eroding the coastline of the islands. The precarious location of the Matsu Islands makes them difficult for Taiwan to patrol and defend. The problem is that the islands are in a tricky spot, only 5.5 miles off the coast of China: For the last few years, China has been aggressively dredging the sand of the coastlines of the Taiwanese Matsu Islands. That’s hard to imagine I know, but having personally visited so many of the megacities in China over the years and witnessed the torrid pace of constructure, it is easy to believe.Īnd that brings us to Taiwan. To put things into even further perspective, in the last four years alone, China has used more sand and gravel than the U.S. Nearly 40% of the world’s consumption of sand aggregates is used by China. The largest use of this kind of sand is for the construction industry to build cities, and even reclaim land. Silica sand, for instance, has high concentrations of quartz and is the base material input for all semiconductors… And sand from rivers and coastlines is best suited for making glass, concrete, and even asphalt. Yet the utility of sand is far greater than we might think. Most of us would instead think of a golden beach in a beautiful location, a sandcastle, or that feeling of sand between our toes. Sand is not something that comes to mind when we think of warfare. GameStop is making a big move into NFTs….
Magic Leap just released its new headset….
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