I have noticed that since Buffett said he is going to be fully invested in stocks if they stay at these prices, a few people on here have criticized him for his move, saying he will go broke etc. I thought it would be appropriate to keep a record of this, for educational reasons, and bragging rights for the ET members if they turn out to be correct. I will note the S&P or ES globex price that is trading when the ET member posts up his disagreement with Buffett, and then start a paper trade for them short the S&P from that level, versus Buffett's long-term buy & hold. We can check back at regular intervals to see the progress, and then in 5 years will will see whether Buffett was right, or the ET posters were smarter. The total net gain & loss per contract and in percentage terms will be calculated. We can then form a fair judgement of the ET members involved, and Buffett himself. Current dissenters: "itcanbedone" - short ES from 920 vs Buffett long http://elitetrader.com/vb/showthread.php?threadid=141570 "NY_HOOD" - short ES from 928 vs Buffett http://elitetrader.com/vb/showthread.php?threadid=141578 Any more dissenters feel free to post here and I'll add you to the list.