Jonathan Davis Stuart Watson's fund profile this weekend looks in depth at the trusts that have adopted an enhanced income policy, something that should not work in theory but seems to do so in practice, at least in some cases.   My notes this week look at some aspects of bubbles. 

The tyranny of FOMO You can prove almost anything with numbers, and the history of the stock market is littered with examples of pundits with an agenda to push, or funds with a plausible story to tell, attempting to do just that. Carefully massaged or manipulated data is everywhere to be seen and most investors are...