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Prostate cancer. the 89-year-old says his condition is not remotely life threatening. his words. he s care man and ceo of berkshire hathaway, with an estimated net worth of $44 billion. his name has been recently associated with tax policy, of course and a push by democrats to tax the wealthiest americans at 30% of their income. that s an idea that warren buffett supports. in a statement disclosing his illness, buffett wrote i feel great, my energy level is 100%, i will let shareholders know immediately should my health situation change. eventually of course it will, but i believe that day is a long way off. butch at the ti tests show the cancer has not spread to other areas of his body. doctors say the cancer was caught early, making buffett s prognosis very good and let s hope so. for more on how the markets are reacting, let s bring in geoff cutmore live in london. good morning to you. ....