Warren Buffett keeps selling billions worth of stock in this frothy market — but here are 3 new places where he’s managed to find value

Bloated valuations in today’s stock market aren’t exactly appealing to value investors. So it’s no surprise that the most famous value investor of all continues to reduce his stock market exposure.

In Q3, Warren Buffett’s holding company Berkshire Hathaway sold a net $2 billion stock, including a complete exit of pharmaceutical giant Merck as well as…