Warren Buffett Quotes

Warren Buffett is almost as famous for his quotes and one-liners as for his investing - see this selection of Warren Buffett Quotes on Life

Tuesday, 17 April 2012

Warren Buffet Diagnosed with Prostate Cancer

Warren Buffett Prostate Cancer

Warren Buffett has announced that he has been diagnosed with stage I prostate cancer, but that it is not life-threatening.
Warren Buffett in 2005 courtesy Wikipedia

Mr Buffett said he was diagnosed last week

"The good news is that I’ve been told by my doctors that my condition is not remotely life-threatening or even debilitating in any meaningful way,"

Many men have prostate cancer and it is generally not a problem if treatment is started early.

Mr Buffett also wrote
"I feel great -- as if I were in my normal excellent health -- and my energy level is 100%. 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."

Dr. Otis Brawley, a prostate cancer expert and CMO for the American Cancer Society says that over 70% of men diagnosed with prostate cancer don't die from the disease.

"The five-year survival rate for stage 1 prostate cancer is over 99 percent,"
he said.

Warren Buffett's cancer is in lowest stage, stage 1, and has not spread outside the prostate.

Dr. Brawley also said that about 50% of the men diagnosed each year with stage 1 prostate cancer are "actually overtreated" and probably don't require any treatment at all.

In another development Warren Buffett has said that he has decided who his successor will be, but that the person doesn't know yet, and neither do we ! We wish Mr Buffett well.

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