Warren Buffett Discloses Prostate Cancer Diagnosis

In a news release to the shareholders of Berkshire Hathaway, 81 year old Warren Buffett revealed that he has been diagnosed with stage I prostate cancer.  He has been told by his doctors that his condition is “not remotely life-threatening or even debilitating in any meaningful way”.  He received his diagnosis last Wednesday.  He then had a CAT scan and a bone scan on Thursday, followed by an MRI today.  These tests showed no incidence of cancer elsewhere in his body.

“My doctors and I have decided on a two-month treatment of daily radiation to begin in mid-July.  This regimen will restrict my travel during that period, but will not otherwise change my daily routine.”

“I feel great — as if I were in my normal excellent health — and my energy level is 100 percent”. 

His news release concludes:

“I will let shareholders know immediately should my health situation change.  Eventually, of course it will;  but I believe that day is a long way off.”

 I was interviewed on NPR’s  Marketplace on the potential impact of Warren Buffett’s prostate cancer diagnosis on his management of Berkshire Hathaway:

 http://www.marketplace.org/topics/business/warren-buffett-battling-cancer-holding-company