Warren Buffett said in a letter to shareholders Tuesday that he was diagnosed with stage 1 prostate cancer Cheap Air Max 90
. The billionaire investor and 81 years and CEO of Berkshire Hathaway
(BRK-A) said the situation was not life threatening, but they would let
shareholders know if it has deteriorated.
Buffett said "good news" is that doctors said his condition is "not
remotely life-threatening or debilitating in a significant way." He
continued by saying that he would be the shareholders immediately when
informed of the change in health status. "Eventually, of course, it is,
but I think that day is a long way," he said.
Warren Buffett and his wife Astrid Menks for a State Dinner 14th
Happen in March 2012. ... According to the National Cancer Institute,
the survival rate after five years for people diagnosed with prostate
cancer that is localized to 100%.
Buffett was born on Thursday, diagnosed, and then in consultation
with a doctor on Monday, after which he went directly into a business
meeting, according to CNNMoney.
Buffett on transparency
Buffett opened on this issue with shareholders, the late coming to the criticism over handling of private health Steve Jobs.
"This is an important fact," Warren Buffett on CNBC in 2009, said of
the disclosure by Apple on Jobs health leading to a liver transplant.
"The fact that he is facing serious surgery or not is an important fact.
What I am facing major surgery is an important fact. What Jeff Immelt, I
mean, so I think it's important to get out. You still know it to be so I
do not see a big problem privacy or something, "he said.
"If I have a serious illness, or something to come to an important
nature, an operation or something, I think the thing to do is ... to
shareholders of Berkshire say about it," Buffett said Air Max 90 .
Reaction
The financial community has shown confidence in the instant reaction
on Twitter. Here is what she had to tell some little tweeter:
@ Trade Fast: Prostate cancer is not the removal of Warren Buffett -
82 yr old prostate cancer will die within 1-15 years, as any 82-year-old
option monster ... Step 1, age is not the end of the world, testosterone in men of his age rather low RT
vcutrader: Buffett will spend a day and people will panic in the
stock market, but he built an amazing array of companies and is a
purchase of $ BRK.B
Letter to Shareholders
Below is the full letter, which is on the website of Berkshire Hathaway:
For the shareholders of Berkshire Hathaway:
This is to inform you that I was diagnosed with stage I prostate
cancer. The good news is that I have told my doctors that my condition
is not remotely life-threatening or debilitating even in a significant
way. I was diagnosed last Wednesday. I had a scan and a bone scan on
Thursday, followed by an MRI today. These tests showed no incidence of
cancer elsewhere in my body.
My doctors and I are on the treatment of two months of daily
radiation, decided to begin in mid-July. This regime is to limit my
movements in this period will not change, but otherwise my daily
routine.
I feel good - like I was in my usual good health - and my energy
level is 100 percent. I discovered my cancer, because PSA levels (an
indicator of my doctors were monitored regularly for many years) has
recently jumped above its normal level and biopsy seemed justified.
I let the shareholders know immediately if my change of health
status. Finally, of course, there will be, but I think that day is a
long way Nike Air Max .
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