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Peer review

As explained in Investing for Programmers

Peer review is the evaluation of an analysis or argument by other knowledgeable people to identify weaknesses and improve its reasoning.

Peer review evaluates an investment thesis or decision through informed challenge. Explaining why you want to buy shares forces assumptions into explicit arguments and can expose weak reasoning before an order is placed. section 13.6.1 section 4.6

Use peer review as a practical check:

  • Ask experienced, critical investors to question your assumptions and test the reasoning behind the thesis. section 4.6
  • Prefer trusted, suitably qualified advisors over confident but unreliable commentators. section 7.3.3
  • Record the decision, expectations, and later lessons in an investment diary so reviews improve future decisions. section 13.6.1

A pre-purchase review

Before buying shares, explain the opportunity to a knowledgeable friend. If you cannot justify the purchase clearly, wait; the discussion may reveal FOMO, unsupported assumptions, or overlooked risks. section 13.6.1

How Investing for Programmers covers it

How deep it goes
Provides a practical review loop involving explanation, questioning, documentation, and retrospectives, but not a formal review framework.
Examples
Uses a friend challenging a proposed share purchase, documented investment decisions, and the Buffett–Munger advisory relationship.
What it assumes
Builds on an investment thesis and basic awareness that emotions, assumptions, and overconfidence can distort judgment.
What you can do after
Practice/perform peer review by explaining a thesis, inviting challenge, recording expectations, and revisiting the decision.
How it connects
Connects investment theses with critical thinking, FOMO, investment diaries, risk management, and emotional bias.

Also explained in

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This explainer was generated by Manning's knowledge graph from the text of Investing for Programmers. The section links point to the parts of the book it draws on.