Investment operations is the unsexy but critical back office work: executing trades, tracking cost basis, processing corporate actions (splits, dividends, mergers), reconciling statements, and ensuring everything ties out. Errors here are expensive.

Cost basis tracking seems simple until you've held a position through multiple buys, sells, dividends, splits, and spin-offs. Brokers sometimes get it wrong. The IRS expects you to have it right. Reconciliation against official statements catches discrepancies before they become problems.

In this topic, you'll learn operational best practices for trade execution, cost basis management, corporate action processing, and statement reconciliation.