• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'

2

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

3

Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 

1

Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'

2

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

3

Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
Finance

Warren Buffett has prostate cancer, but doesn’t slow down

By
Carol J. Loomis
Carol J. Loomis
Down Arrow Button Icon
By
Carol J. Loomis
Carol J. Loomis
Down Arrow Button Icon
April 17, 2012, 9:11 PM ET


Warren Buffett caught it early.

Last week was the most extraordinary week in Warren Buffett’s history – but he lived his business life as if this was the most normal time in the world.

As Buffett announced today, he was diagnosed with Stage I prostate cancer last Wednesday, after a biopsy the previous day. On Thursday he had a CAT scan and bone scan, with these showing that the cancer had not spread elsewhere in his body.

On that same Thursday, he and a small group had dinner with his non-cousin, entertainer Jimmy Buffett, at a new Omaha restaurant called J. Coco’s. Jimmy was in town for a performance two days later.

The following day – Friday – Buffett, the elder, was host to 160 business students from such universities as MIT, University of Chicago, University of Tennessee, and Peru’s Universidad del Pacifico. Following the usual routine for such visits (there are six scheduled for this school year) the students toured two Berkshire retail subsidiaries, held a two-and-a-half hour Q&A session with Buffett, and lunched at one of his favorite restaurants, Piccolo’s.

The riff at Piccolo’s was that Jimmy Buffett turned up for lunch, creating an instant sensation.

MORE: Buffett gains ground in hedge fund bet

At Jimmy’s performance the next night at Century/Link Center, the first person on stage was Warren Buffett, who deadpanned a “Welcome to the Berkshire Hathaway annual meeting.” Actually, the only thing dissonant about his greeting was that the Berkshire meeting, which is held at that same Center, spreads out to overflow rooms and actually draws many more people than the standing-room-only (and wildly enthusiastic) crowd that Jimmy Buffett attracted.

On Sunday Buffett caught his breath. Then, on Monday morning at 7:30 AM, he met with his doctors to discuss courses of treatment for his newly discovered illness.

But he jumped from that consultation into a business meeting at 9 AM. And in the afternoon he was videoed for a skit that will be a part of a movie shown at Berkshire’s (BRKA) annual meeting on May 5th.

That night, because he had a big dinner with a visiting delegation of foundation presidents, he did not play online bridge with his usual Monday foursome, which includes a player from Los Angeles, one from Harrison, New York, and me. One person very relieved about not playing was yours truly, who needed time to collect her wits and write this article.

FORTUNE senior editor-at-large Carol Loomis is a longtime friend of Warren Buffett’s, a longtime Berkshire Hathaway shareholder as well, and editor of Buffett’s annual shareholders’ letter.

About the Author
By Carol J. Loomis
See full bioRight Arrow Button Icon

Latest in Finance

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Finance

himanshu
CommentaryLayoffs
I’ve led companies through every major tech disruption. AI washing is the same mistake, every time
By Himanshu PalsuleMay 22, 2026
11 minutes ago
You wouldn’t put your entire 401(k) in one stock. Why are you doing it with your credit card points?
Personal FinancePersonal Finance Evergreen
You wouldn’t put your entire 401(k) in one stock. Why are you doing it with your credit card points?
By Catherina GioinoMay 22, 2026
1 hour ago
cowen
Future of Workdisruption
Top economist Tyler Cowen on the biggest problem of the AI age: not mass unemployment but adjusting to a new reality
By Nick LichtenbergMay 22, 2026
2 hours ago
Current refi mortgage rates report for May 22, 2026
Personal FinanceReal Estate
Current refi mortgage rates report for May 22, 2026
By Glen Luke FlanaganMay 22, 2026
2 hours ago
Current ARM mortgage rates report for May 22, 2026
Personal FinanceReal Estate
Current ARM mortgage rates report for May 22, 2026
By Glen Luke FlanaganMay 22, 2026
2 hours ago
Mortgage rates today, May 22, 2026
Personal Financemortgages
Mortgage rates today, May 22, 2026
By Glen Luke FlanaganMay 22, 2026
2 hours ago

Most Popular

Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'
Success
Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'
By Preston ForeMay 20, 2026
2 days ago
Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
Success
Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
By Preston ForeMay 21, 2026
18 hours ago
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
Workplace Culture
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
By Preston ForeMay 19, 2026
3 days ago
Pay transparency is exposing a bigger problem: Most companies can't explain why they pay what they pay
Workplace Culture
Pay transparency is exposing a bigger problem: Most companies can't explain why they pay what they pay
By Sydney LakeMay 20, 2026
2 days ago
A 'proudly autistic' workplace expert says putting neurodivergent employees in a typical office is like dropping a polar bear in Austin, Texas
Conferences
A 'proudly autistic' workplace expert says putting neurodivergent employees in a typical office is like dropping a polar bear in Austin, Texas
By Tristan BoveMay 20, 2026
2 days ago
Meet a 21-year-old community college student who's going to China as the first American woman welder in the trades Olympics
Future of Work
Meet a 21-year-old community college student who's going to China as the first American woman welder in the trades Olympics
By Mike Householder and The Associated PressMay 17, 2026
5 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.