Warren Buffett acknowledged his health care partnership will face steep hurdles. Photo: Alex Wong / Getty Images
Warren Buffett told CNBC this morning that the new health care venture between his firm, Amazon and JPMorgan Chase hopes to hire a CEO to run the partnership by the end of this year. He also said there's still a chance they may not even form a company, and if they do, it'll take a lot of work to lower health care costs through the "complicated" system: "It's not going to be easy."
Go deeper: The thick fog around this health care venture.