side bet

Buffett's S&P 500 Puts: Big Blunder?

Short puts = synthetic long stock
He is long (stocks) and long synthetic stock, way long.

Environmentalism May Face Major Setback in 2009

Sustainability has an economic component that may have counter intuitive effects on the environment as the economy contracts.

People will have less money to waste energy and materials.

As a society we may consume less out of hardship, not enlightenment.

However, rapid economic contraction may prove harmful to the environment as people become desperate.

Market forces can have a positive effect on consumption, production and waste.
Downsizing lifestyle can be a sustainable strategy.