The review stage of InvestOps can occur at any point after the investment has exited. The purpose of this stage is to measure performance and document feedback to inform future investment decisions.
This stage considers all artifacts produced in other stages, including the view, trade plan, order history, and anything else generated during the process.
It’s a good idea to review all investments after they exit. The easiest way to do this is to walk through the view and trade plan with a critical eye. The purpose here is not to create fault or blame, but rather to capitalize on an opportunity to improve. It should be assumed that every decision was made with the best intentions at the time, but that sometimes things end up turning out differently than expected.
Whether or not the investment turned a profit, there are some important considerations that every investment should conclude with.
It can also be helpful to reassess the investment’s trade history during the review process, especially when multiple adjustments were made along the way.
The output of this stage is a postmortem review of the investment. It should include an analysis of the accuracy of the original view, trade plan, and decisions made along the way. It’s a good practice to craft this review in the form of lessons learned for future reference.
Looking for a review template to help you get started? Check out our free postmortem review in the next topic.