In this month’s episode of Yet Another Value Podcast, host Andrew Walker reflects on key investing themes from October 2025. He probes Warren Buffett’s late-stage performance, introducing a concept called “risk riding” and considers the unseen risks that may have shaped Buffett’s recent success. Andrew also critiques excessive investor relations spending, explores a tweet on the underappreciated value of averaging up, and questions the mindset behind stocks being “cheaper today than yesterday.” _____________________________________________________________ [00:00:00] Intro, Buffett, risk riding [00:02:45] Returns vs risk over time [00:06:30] Buffett aging, investment impact [00:12:30] Investor relations overspending [00:16:55] Gifts, wasteful IR practices [00:21:20] Tweet on averaging up [00:24:00] Cheaper today vs yesterday [00:25:10] Personal update Links: Yet Another Value Blog - https://www.yetanothervalueblog.com See our legal disclaimer here: https://www.yetanothervalueblog.com/p/legal-and-disclaimer