• Warren Buffett diagnosed with prostate cancer
    25 replies, posted
[QUOTE]NEW YORK (CNNMoney) -- Iconic investor Warren Buffett announced Tuesday that he has been diagnosed with stage I prostate cancer in a letter to shareholders of his firm Berkshire Hathaway. Buffett, 81, said his "condition is not remotely life-threatening or even debilitating in any meaningful way," and that additional tests didn't reveal incidence of cancer anywhere else in his body. "I feel great -- as if I were in my normal excellent health -- and my energy level is 100%," wrote Buffett. "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." Over 70% of men who are diagnosed with prostate cancer don't die from the disease, according to Dr. Otis Brawley, a prostate cancer expert and the chief medical officer for the American Cancer Society. "The 5-year survival rate for stage 1 prostate cancer is over 99%," he said. Given that Buffett's cancer is in stage 1, the lowest stage, it has not spread to outside the prostate and has not yet spread to lymph nodes. Buffett said he will undergo daily radiation for two months beginning in mid-July, a decision made with his doctors. While the treatment will restrict him from traveling during the period, Buffett said his daily routine will not otherwise change.Buffett has made a name for himself by turning Berkshire Hathaway into a successful investment firm. Berkshire owns more than 80 companies, including insurer Geico, chemical company Lubrizol, railroad company Burlington Northern Santa Fe, and MidAmerican Energy. The firm also boasts major investments in such companies such as Wells Fargo (WFC, Fortune 500), IBM (IBM, Fortune 500), and Bank of America (BAC, Fortune 500). Thanks to Buffett's envied eye for value, Berkshire Hathaway has managed to handily beat the performance of the S&P 500for 39 of the 47 years he's been running the company, averaging nearly 20% annual growth. Buffett's blue-chip stock picks Buffett has yet to name his successor as CEO of Berkshire, but told shareholders in February that the company's board is "enthusiastic" about an individual, as well as "two superb back-up candidates." Buffett also said that two investment managers who recently joined the company, Todd Combs and Ted Weschler "will be handling a few billion dollars in 2012, but they have the brains, judgment and character to manage our entire portfolio" when he and Charlie Munger, Berkshire's vice chairman, are no longer running the company. Buffett's son, Howard, is in line to follow as chairman of Berkshire Hathaway upon his father's death. Howard will not, however, be involved in strategy or day-to-day decisions, the elder Buffett told CNNMoney in December. Most recently, billionaire Buffett has been in the spotlight as Washington lawmakers consider comprehensive tax reform.President Obama has been touting the Buffett Rule, which proposes that millionaires and billionaires like Buffett shouldn't pay a lower percentage of their income in federal taxes than middle-class households. Rather, it says they should pay at least 30% of their income. A proposal to implement the Buffett Rule was blocked in the Senate on Monday, but proponents of the millionaire tax vowed to keep the issue alive in the months ahead. Shares of Berkshire Hathaway (BRKA, Fortune 500) slipped 1.5% in after-hours trading Tuesday, following the release of the shareholder letter.[/QUOTE] Source: [url]http://money.cnn.com/2012/04/17/news/companies/warren-buffett-cancer/index.htm?hpt=hp_t3[/url]
Well, its stage one, they caught it early.
Just clone him, he has enough money for it.
[QUOTE=jordguitar;35615238]Well, its stage one, they caught it early.[/QUOTE] He's rich, imagine all of the poor people who have undetected cancer.
[QUOTE=Daniel Smith;35615305]He's rich, imagine all of the poor people who have undetected cancer.[/QUOTE] Yea but he is also quite old and is probably going to the doctor alot more often then you or me.
buffett is the kindest most considerate billionaire ever
operation kill socialism engaged
gods punishment for being a socialist. I am glad he caught it early and will get better, it still sucks though
[QUOTE=Pace.;35615567]buffett is the kindest most considerate billionaire ever[/QUOTE] What about Bill Gates?
It says in the article it's not "debilitating or life threatening in any way". Still though, best of luck to him.
[QUOTE=TheMustacheHero;35615830]What about Bill Gates?[/QUOTE] he ripped of macs or something
[QUOTE=SGTNAPALM;35616219]he ripped of macs or something[/QUOTE] and he invented halo which was the first ever first person shooter
Bill Gates invented bills and gates
[QUOTE=Pace.;35615567]buffett is the kindest most considerate billionaire ever[/QUOTE] Hmm Idk about that. But going by his frugality and the policies he supports, he seems to have great character.
[QUOTE=Pace.;35615567]buffett is the kindest most considerate billionaire ever[/QUOTE] He mostly just talks about giving away his money.
Prostate cancer? I guess he didn't masturbate enough then.
[QUOTE=Schmaaa;35616212]It says in the article it's not "debilitating or life threatening in any way". Still though, best of luck to him.[/QUOTE] Figured I'd let news on Facepunch's favorite billionaire get updated on, none the less. [editline]17th April 2012[/editline] [QUOTE=TheMustacheHero;35615830]What about Bill Gates?[/QUOTE] I think because Jobs always got the limelight as "the rich computer guy" spot in the world. And Gates seems to do most of his charity quietly, which to be honest I feel is an even more honorable thing to do.
[QUOTE=ProWaffle;35616866]Prostate cancer? I guess he didn't masturbate enough then.[/QUOTE] [url=http://facepunch.com/threads/1177712]erectile dysfunction[/url] or prostate cancer. choose one.
Oh no this is not good. He just recently told my Dad's current boss that he now reports to him directly because he is proud of the work they have been doing. Hope all goes well.
Well he definitely won't die from it, he can afford the best medical care in the world a few hundred times over
He's 81, it's kind of amazing that it isn't terminal.
[QUOTE=Daniel Smith;35615305]He's rich, imagine all of the poor people who have undetected cancer.[/QUOTE] If it wasn't for socialized healthcare my family would be in a lot of debt right now. My mom's chemo costs came to around 1 million dollars, even with insurance we'd still have to cover almost 10% which is 100 000 dollars. But it didn't cost us a dime, thank god.
at 81 years of age I doubt it'll kill him first. It's like those old people working to clear up Fukushima - the cancer doesn't matter to them because they'll die of old age first.
[QUOTE=TheMustacheHero;35615830]What about Bill Gates?[/QUOTE] Buffet has actually donated more [editline]18th April 2012[/editline] [QUOTE=mac338;35618524]If it wasn't for socialized healthcare my family would be in a lot of debt right now. My mom's chemo costs came to around 1 million dollars, even with insurance we'd still have to cover almost 10% which is 100 000 dollars. But it didn't cost us a dime, thank god.[/QUOTE] What country?
[QUOTE=Snake7;35616536]He mostly just talks about giving away his money.[/QUOTE] But he actually does this, he is pledging 83% of his fortune to many different charities and foundations for science, health, and education.
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