Berkshire Hathaway Inc issued a press release to shareholder yesterday explaining that Warren Buffett has been diagnosed with stage 1 prostate cancer. The financial legend reports that he feels great and that the cancer hasn’t been found elsewhere in his body. He feels that he will be able to overcome the illness and that his days of failing health are, still “a long way off”.

Buffett comments in the press release:

“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.”

Apparently the news hasn’t slowed Buffett down one bit, the day after being diagnosed he hosted a lecture to 160 university business students. After the meeting Buffett and the students toured several local retail establishments, and then sat for an almost three hour Q & A session.

Finally, Buffett took lunch at Piccolo’s, a long-time favorite of his, where he was joined by music legend Jimmy Buffett . So, it doesn’t sound like the financial guru is showing any signs of fatigue after all. Hopefully he overcomes his health challenges as well as he’s tackled financial obstacles.

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