29 Forbes articles in September. Nike. GameStop. Micron. McDonald’s. Meta. Wendy’s. Anthropic. Different companies. Same question: What changed beneath the headline—and what has the market still failed to price? My September Insights.

If you like Ricky Gervais, you’ll love this …

I don’t want to say I told you, but …

Tech stocks are crashing. Here’s something every investor needs to hear. You don’t have to make your money back in the same stock you lost it in. Set your stop-loss before emotion takes over. If the thesis is broken, sell. If it’s intact, reassess the risk. Never let a small loss become a permanent one because of pride. The market doesn’t know what you paid. And it doesn’t care. Protect your capital. Opportunities will come.

Tech is getting crushed. The worst thing investors can do now is sell everything with a chip, cloud or AI label. Some businesses are broken. Others are simply being repriced. That difference is where the opportunity is. My latest for @Barchart barchart.com/story/news/8341…

Don't say I didn't warn you about those tech names! forbes.com/sites/jimosman/20…

Wall Street is about to learn an expensive lesson. Paying any price for growth was never an investment strategy. I’ve been warning about the rotation into value. We’re seeing the early signs. The next fortunes won’t be made chasing yesterday’s winners. They’ll be made buying what everyone else has forgotten.

How I see it: ASML: best structural position Micron: biggest upside, most exposed when supply catches up TSMC: deepest moat, highest ongoing bill AI demand is proven. That’s why these stocks can fall even if the boom continues.

Tesla doesn't need to sell more cars in Europe. It needs to activate software in the ones already there. €99/month FSD subscription in the Netherlands. 100,000 subscribers = ~€119M annual revenue. 500,000 = ~€600M. The cars are already built and connected. No factory needed. Just an installed base, and Tesla has barely begun to monetise. #Investing #Tesla #Europe

Wall Street tracks how many cancer tests Natera runs. That may be the wrong number. Natera has data from ~300,000 patients tested repeatedly during treatment and remission. The Street is focused on how many tests they do. From my perspective, they're building this compelling database. - Brandon Geisler Is Natera processing tests or building an asset? #Investing #AI #Natera

Good morning, everyone. ☕🐾 Feeling much better today. A heartfelt thank you to everyone who sent well wishes. Means a lot. The dogs have been keeping me company and, as you can see, brushing up on their investment knowledge! Life’s simple pleasures. Wishing you all a wonderful Thursday. ❤️

Sometimes the smallest gestures remind you of the biggest things in life. I’ve been unwell, and today our neighbor turned up with homemade soup, brownies and spinach dip. No reason other than knowing I wasn’t feeling great. No expectations. No agenda. Just genuine kindness. In a world where everyone seems so busy, it’s moments like this that restore your faith in people. Good neighbors are a blessing. Good people are priceless. ❤️

I wasn’t sure I’d live long enough to write this. At one point, I saw a bright light. My ancestors were calling. I made peace with death. My family showed a disturbing lack of concern. Somehow, I pulled through. Doctors are calling it a mild cold. I survived Man Flu. Show some respect.

📣 BIG ANNOUNCEMENT I’ve been selected by Forbes to write its flagship analysis of the upcoming Anthropic IPO. A privilege, and one I’m genuinely excited about. But this won’t be another article about AI hype. I’ll be digging into the valuation, the risks, the ownership structure, and what investors need to understand before putting a dollar to work. The real question isn’t how big Anthropic could become. It’s what investors should be willing to pay for it. My analysis will be free to read. Subscribe below so you don’t miss it. 👇 forbes.com/sites/jimosman/

At the dentist. Reception: “We recommend cutting down on sugar. It’s terrible for your teeth.” Also reception: A Halloween bucket containing enough sugar to bankrupt a small nation. I’m beginning to understand their business model. Create the problem. Sell the solution. Genius. 😂🦷

The uncomfortable truth in semis: the best results often finance the next problem. TSMC plans $60–64B of capex this year. ASML’s customers are already talking about 2029–30 orders. Rivals are spending to keep up. Each move is rational. Together, they create more capacity.

Waste-collection trucks and landfills don't sound like an AI story. That may be exactly the point. GFL Environmental owns trucks, routes, and landfills. Not glamorous. Not Silicon Valley. But AI routing software can keep trucks out of traffic. Computer vision can separate recyclables more cleanly. Small improvements repeated across thousands of routes add up. Waste shares have also recently moved differently from headline AI names. #Investing #AI #GFLEnvironmental

I stopped expecting people to show up for me years ago. Not out of bitterness. Out of experience. The hardest lesson in life is realizing that some people you’d move mountains for wouldn’t cross the street for you. So I learned to deal with my problems quickly, quietly, and on my own. Never put your peace in someone else’s hands.

SpaceX spent $48 BILLION in 9 months. Operating cash flow? $13 billion. A $35 billion gap. Meanwhile, 84% of capex is going into AI, not Starlink. I remember the telecom boom. The technology changed the world. Investors still lost fortunes. Growth isn't a return on capital. $SPACX forbes.com/sites/jimosman/20…

SpaceX just crushed earnings. $14.6B revenue. Up 161%. $4.4B net profit. $8.8B adjusted EBITDA. Wall Street will celebrate. But here's the number I'd watch: **$19.6 BILLION in quarterly capital spending.** Extraordinary growth. Even more extraordinary spending. The question isn't whether SpaceX can grow. It's whether shareholders will earn enough on the capital required to get there. $SPCX