CNBC February 26, 2018
Berkeley Lovelace Jr.

  • Warren Buffett says his joint venture with Jeff Bezos and Jamie Dimon is going for something bigger than shaving a few percentage points off health-care costs.
  • “The question is whether we can come up with something better,” he tells CNBC.
  • “I’m hopeful, but don’t expect any miracles.”

Billionaire investor Warren Buffett told CNBC on Monday his joint venture with Jeff Bezos and Jamie Dimon is going for something bigger than shaving a few percentage points off health-care costs.

Berkshire Hathaway‘s Buffett, Amazon‘s Bezos and J.P. Morgan‘s Dimon announced last month a venture designed to cut health costs and improve services for their U.S. employees. The three hope their companies sheer sizes will help bring the necessary scale and...

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