In this episode, Robert explains why the recent AI selloff looks more like a reset than the end of the long-term investment story. He compares today's market to previous technology-driven bull markets, discusses how liquidity events and excessive speculation can create sharp but temporary drawdowns, and outlines the qualities he's watching for as the next market leaders emerge.

He also answers a listener question about stop losses, explains why preserving capital remains essential, and argues that successful investors survive volatility by managing risk rather than trying to avoid every downturn.