Warren Buffett's letter to Berkshire Hathaway shareholders

Warren Buffett's letter to Berkshire Hathaway shareholders
Omaha:  Billionaire Warren Buffett said on Tuesday that on April 11, he was diagnosed with early-stage prostate cancer.

The 81-year-old chairman and CEO of Berkshire Hathaway Inc. released a letter to the shareholders of the company reassuring them that his condition is "not remotely life-threatening".

Here is the full text of the letter.
 
To the Shareholders of Berkshire Hathaway:

This is to let you know that I have been diagnosed with stage I prostate cancer. The good news is that I've been told by my doctors that my condition is not remotely life threatening or even debilitating in any meaningful way. I received my diagnosis last Wednesday. I then had a CAT 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 have decided on a two-month treatment of daily radiation to begin in mid-July. This regimen will restrict my travel during that period, but will not otherwise change my daily routine.

I feel great - as if I were in my normal excellent health - and my energy level is 100 percent. I discovered the cancer because my PSA level (an indicator my doctors had regularly checked for many years) recently jumped beyond its normal elevation and a biopsy seemed warranted.

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.

Warren E. Buffett
Story First Published: April 18, 2012 08:13 IST

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