Warren Buffett speaking to a group of students from the Kansas University School of Business (Photo credit: Wikipedia)Despite his folksy manner, Warren Buffett is not a man who likes to share intimate details of his life. So that makes his April 17 announcement that he has early-stage prostate cancer all the more intriguing. After all, as the chairman and CEO of Berkshire Hathaway stated, his doctors say the condition is “not remotely life-threatening or even debilitating in any meaningful way.” In fact, he stressed in the release, “I feel great — as if I were in my normal excellent health — and my energy level is 100 percent.” He has a point: By the age of 80, about 80 percent of men have some cancer cells in their prostate gland, according to the Journal of the American Medical Association. If Buffett is like most men his age, he’s more likely to die with prostate cancer than from it.
So why bother? The answer, most likely, is to squash rumors that something more serious is going on. His disclosure is less an acknowledgement of his mortality than of his celebrity. As an investor whose every move is analyzed by people around the planet, the likelihood that Buffett could undergo two months of radiation therapy without anyone noticing is remote, if not impossible... Continue to read.
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