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: