[Buffett: The overall market valuation is currently high, not an ideal environment for capital deployment] According to Jintou News, Buffett stated in an interview with CNBC: 'In terms of Berkshire's capital deployment, the current market environment is not ideal for us.' Buffett mentioned that Berkshire has an excellent management team capable of acting opportunistically and patiently waiting for the right targets. He noted that while it may appear to outsiders that Berkshire is sometimes inactive or doing nothing, in reality, they act decisively when the timing is right. He admitted that one reason for the reluctance to make significant capital investments is the overall high market valuation. When asked about the right time for investment, Buffett said that opportunities will naturally arise 'when no one is willing to pick up the phone.'