Warren Buffett has been struggling to find good value in the current market, leading Berkshire Hathaway to sell off $177B in stocks over the past three years. But he's been steadily increasing Berkshire's stakes in Japanese trading houses like Mitsubishi and Mitsui, which trade below book value and operate much like Berkshire itself—strong balance sheets, conservative management, and focused on reinvestment over buybacks. Buffett even got permission to raise Berkshire's stakes above 10% in these conglomerates. These picks stand out for their size, attractive valuation, and management style that aligns with Berkshire’s long-term approach.