Warren Buffett is known for taking investment risks when others play it safe and for playing it safe when others are taking risks. With the S&P 500 hitting another high this week, Buffett doesn’t think the environment is that great, but will he take his own advice?

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The Current Market

At a Berkshire Hathaway meeting last week, Buffet announced, “It isn’t our ideal surrounding area — or environment, I should say — in terms of deploying cash for Berkshire.” This may signal to some investors that buying isn’t a good option in the current market. 

But Buffett is shrewd and knows how to find the investment…