Warren Buffett announced that he has prostate cancer about a week ago and this has made investors in his company Berkshire Hathaway more interested about who will be the successor. This has been speculated for a very long time too. As for the prostate cancer, it is pretty sad news but almost 80 percent of men his age have the disease.
The iconic chairman of Berkshire Hathaway has been very candid about his ailment in comparison to Apple’s Steve Jobs. But then again, this is responsible governance shown by Buffett to ensure that the investors in his company do not misinterpret any frailty they observe in the chairman as a gloomy future for the firm.