Buffett said he made a deal with Jack in a few minutes, waiving an audit, due diligence or anything else that would give Jack an opportunity to reconsider.

The claim is about what Buffett said. True: Buffett's 2007 writing (for example, the 2007 shareholder letter) contains this statement, or a substantively identical one: that he made the deal with Jack in a few minutes and waived an audit, due diligence or anything else that would let Jack reconsider. Mostly true: Buffett made the statement in substance but in a different year or a slightly different form. Mixed: he described a quick deal with Jack but did not say he waived an audit or due diligence. Mostly false: the statement is attributed to the wrong person or misstates the substance. False: no such statement by Buffett exists in the cited source and it is shown to be misattributed.

Set before the research began.

1. E1 Chairman's letter to the shareholders of Berkshire Hathaway Inc. (2007 annual report) Berkshire Hathaway Inc. · February 2008 Own record

   “Then, on Christmas day, Charlie and I finally earned our paychecks by contracting for the largest cash purchase in Berkshire’s history.”

2. E2 Chairman's letter to the shareholders of Berkshire Hathaway Inc. (2007 annual report) Berkshire Hathaway Inc. · February 2008 Own record

   “The seeds of this transaction were planted in 1954.”

E1 and E2 come from Buffett's 2007 shareholder letter. They show that the letter covers a large cash purchase agreed on Christmas Day and a transaction whose "seeds" were "planted in 1954." Neither quote contains the claimed statement, mentions Jack, or says anything about doing the deal in a few minutes or waiving an audit or due diligence. The evidence comes from the 2007 letter but does not show that the statement itself is there, so the claim cannot be resolved.