Cancer experts agree that Warren Buffet’s prostate cancer diagnosis should not be a major concern as over 70% of older men who are diagnosed with this slow-growing cancer do not die from it. His doctors state that because of his cancer’s early detection, it is still in a very curable stage and that surgery is not being considered as a treatment option.
Buffet’s disclosure of the diagnosis serves as a reminder that even those who have the most – and best - resources in the world are still subject to the natural laws that bind all individuals. Being the world’s third richest person as of last year, Warren Buffet is sure to have the best possible healthcare around, yet uneasy rumours and anxious speculation have intensified among investors all over the world as to what would come next should Buffet’s health take a turn for the worst.
Still, there is every reason to hope and believe that the Oracle of Omaha will exceed and beat expectations this time, just the same as he has handily beat the performance of the S&P 500 year after year for most of the last 50 years.