
In 2008, everyone was panic selling But Warren Buffett put $5 billion into Goldman Sachs on basically a handshake Lloyd Blankfein, who ran Goldman, offered to walk him through every risk he might be worried about Buffett waved it off "Lloyd, I know you well enough to know you worry enough for the both of us. I'm taking my grandkid to Dairy Queen, just figure out where to send the money" No contract, no due diligence call, just $5 billion on trust In return he asked for one thing, with no paperwork behind it "don't sell your shares until I sell mine" That one line is pure game theory With a single sentence he tied the other side's incentives straight to his own The timing is the real lesson He moved billions in while the crowd was frozen with fear, which is exactly when prices get the most mispriced That is the whole game on Polymarket Read the people, move when everyone else is paralyzed and structure the bet so it pays you I broke the full framework down in the article below
