Good Thursday morning. Let’s talk some basic investing and common sense this morning, VRA Style.

This shakeout is a buying opportunity. We’re just 22 months into a bull market that will power higher for years. This is a generational bull market that will be more powerful, longer lasting and much broader than the 1995-2000 melt-up. This is the bull market that takes the Dow to 100k and Nasdaq to 40k.

For our newer members, I took 2 companies public during dot-com while managing close to $100 million for clients. Dotcom was a blur…no one had seen anything like it…and few were ready for the tech explosion that took the Nasdaq up 575%. However, 90% of the co’s that went public from 1995-2000 were out of business inside of 5-10 years. Some were scams but most were simply not ready for prime time. They were ahead of their times. The technology was promising but the infrastructure had to first be built out.

Today, the survivors (and new arrivals) post-Dotcom boast market caps of seve...