Step 1: Video Overview
Step 2: Earnshaw's Theorem
So it is impossible to suspend a magnet in space using just bunch of other magnets. But take a look at the video. There is a large ring ceramic magnet and another magnet which is also a top. And if I carefully spin the second magnet above the first one it will indeed hang in the air. How is that possible?! Let’s talk about this and a few other loopholes in the Earnshaw’s Theorem and actually build a few magnetic levitation devices. This is gonna be cool!