<p>Legendary investor Warren Buffett said he has been diagnosed with prostate cancer, but asserted that his condition is not "remotely" life-threatening and he feels "great" with "100 per cent" energy level.<br /><br /></p>.<p>In a letter to his shareholders, the Berkshire Hathaway chief said he has been diagnosed with "Stage I prostate cancer" on Wednesday and will begin a two-month treatment of daily radiation in July.<br /><br />"The good news is that I have been told by my doctors that my condition is not remotely life-threatening or even debilitating in any meaningful way," the 81-year-old investor and philanthropist, said.</p>.<p>Buffett said he has had several medical tests, including a CAT scan, bone scan and an MRI. The tests have shown no incidence of cancer elsewhere in his body.<br /><br />The radiation treatment, which will begin in mid-July, would restrict his travel during that period, but will not change his daily routine.</p>.<p>"I feel great – as if I were in my normal excellent health – and my energy level is 100 per cent," he said.</p>.<p>The cancer was detected after a medical condition prompted a biopsy, he added in the letter.<br />Buffett said he will inform his shareholders immediately should his health situation change, adding, <br />"Eventually, of course, it will; but I believe that day is a long way off."<br /><br />He had, for the first time, in February said in his annual letter to Berkshire shareholders that he had chosen a successor.</p>.<p>Buffett, however, had not named the candidate. Indian-origin Ajit Jain, head of the company's reinsurance operations, is said to be one of the leading candidates to succeed him.<br /><br />Berkshire shares rose 1.4 per cent yesterday but were down 1.8 per cent in post-market trading. </p>
<p>Legendary investor Warren Buffett said he has been diagnosed with prostate cancer, but asserted that his condition is not "remotely" life-threatening and he feels "great" with "100 per cent" energy level.<br /><br /></p>.<p>In a letter to his shareholders, the Berkshire Hathaway chief said he has been diagnosed with "Stage I prostate cancer" on Wednesday and will begin a two-month treatment of daily radiation in July.<br /><br />"The good news is that I have been told by my doctors that my condition is not remotely life-threatening or even debilitating in any meaningful way," the 81-year-old investor and philanthropist, said.</p>.<p>Buffett said he has had several medical tests, including a CAT scan, bone scan and an MRI. The tests have shown no incidence of cancer elsewhere in his body.<br /><br />The radiation treatment, which will begin in mid-July, would restrict his travel during that period, but will not change his daily routine.</p>.<p>"I feel great – as if I were in my normal excellent health – and my energy level is 100 per cent," he said.</p>.<p>The cancer was detected after a medical condition prompted a biopsy, he added in the letter.<br />Buffett said he will inform his shareholders immediately should his health situation change, adding, <br />"Eventually, of course, it will; but I believe that day is a long way off."<br /><br />He had, for the first time, in February said in his annual letter to Berkshire shareholders that he had chosen a successor.</p>.<p>Buffett, however, had not named the candidate. Indian-origin Ajit Jain, head of the company's reinsurance operations, is said to be one of the leading candidates to succeed him.<br /><br />Berkshire shares rose 1.4 per cent yesterday but were down 1.8 per cent in post-market trading. </p>
