Buffett: The current environment is not ideal for Berkshire to deploy capital

Golden Ten Data, May 3 – In an interview with CNBC, Buffett stated, “As far as Berkshire's capital deployment is concerned, this is not currently our ideal market environment.” Buffett mentioned that Berkshire has an excellent management team capable of taking action at the right moment and patiently waiting for suitable opportunities. He explained that although it may seem outwardly that Berkshire sometimes remains inactive, in fact, the company will act vigorously when the timing is appropriate. He admitted that the reluctance to deploy large amounts of capital is partly due to the overall high market valuation. When asked when the right time for investment would be, Buffett said that when “no one is willing to answer the phone,” the opportunity will naturally present itself.