Buffett diagnosed with cancer
New York - Berkshire Hathaway’s Warren Buffett disclosed on
Tuesday that he has stage 1 prostate cancer - but said his condition “is not
remotely life-threatening or even debilitating in any meaningful way”.
Buffett said he will begin a two-month treatment consisting
of daily radiation treatments starting in mid-July. This will limit his ability
to travel during that time, he said in a statement.
Berkshire is less than three weeks away from its annual
meeting, which draws more than 40 000 shareholders to its headquarters in
Omaha, Nebraska, where Buffett holds centre stage in a festival-like atmosphere.
This year's meeting was expected to focus to some degree on
succession, after Buffett disclosed in his annual letter to shareholders that
Berkshire's board had identified a successor - one the 81-year-old Buffett did