MENU

Warren Buffett diagnosed with cancer: “Not remotely life threatening”

Warren Buffett, the legendary investor and chairman and CEO of Berkshire Hathaway (NYSE: BRK-A  ) (NYSE: BRK-B  ), announced today that he has stage 1 prostate cancer. (Read Buffett’s letter here).

Buffett, 81, describes his condition as “not remotely life threatening or even debilitating in any meaningful way.” Buffett’s doctors discovered signs of the condition during a routine checkup; they have decided on a 60-day treatment program of daily radiation.

Buffett says that while the treatments will restrict his travel, they will not otherwise affect his daily routine. Presumably, this means that Buffett still intends to participate in Berkshire’s upcoming annual meeting, which is attended by tens of thousands and widely lauded as “Woodstock for Capitalists.” The jarring news sent shares of Berkshire down around 2% in after-hours trading.

Motley Fool Share Advisor Investment Analyst Dean Morel says…

Prostate cancer is seldom a killer in old men and is very common. The saying goes, you die with prostate cancer, not from it.

Related Warren Buffett content

The Motley Fool’s purpose is to help the world invest, better. Take Stock is The Motley Fool’s free investing newsletter. Packed with stock ideas and investing advice, it is essential reading for anyone looking to build and grow their wealth in the years ahead. Click here now to request your free subscription, whilst it’s still available.

This article was originally written by Joe Magyer, and published on fool.com. It has been updated.

The 5 mining stocks we’re recommending in 2019…

For decades, Australian mining companies have minted money for individual investors like you and me. But if you believe the pundits and talking heads on TV, those days are long gone. Finito! Behind us forever…

We say nothing could be further from the truth. To earn the really massive returns, you’ve got to fish where others aren’t fishing—and the mining sector could be primed for a resurgence. That’s why top Motley Fool analysts just revealed their exciting new research on 5 ASX miners they believe could help you profit in 2019 and beyond…

Including:

The best way we see to play the global zinc shortage… Our #1 favourite large-cap miner (hint: it’s not BHP)… one early-stage gold miner we think could hit the motherlode… Plus two more surprising companies you probably haven’t heard of yet!

For free access to our brand-new research, simply click here or the link below. But be warned, this research is available free for a limited time only, and we reserve the right to withdraw it at any time.

Click here for your FREE report!