Investing in Philippines: CEO succession

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Showing posts with label CEO succession. Show all posts
Showing posts with label CEO succession. Show all posts

Thursday, April 19, 2012

Warren Buffett and his cancer announcement

Was reading through Businessweek's website when this news caught my eye.

Just sharing an excerpt for your reading.

source: http://images.businessweek.com


Why Warren Buffett Revealed He Has Prostate Cancer

By on April 17, 2012 
 
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 chief executive officer of Berkshire Hathaway (BRK/B) 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.

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