And that's basically why I am - for the third time - producing the Bearbull Instant Income Portfolio. The first time I ran up this income-in-a-trice fund (Bearbull, 17 Jan 2014) the portfolio was an unalloyed success. In the 13 months to its assessment, its value rose almost 11 per cent, while London's All-Share index rose just 2 per cent. That was the happenstance.
The second time (Bearbull, 20 Feb 2015) the outcome was somewhat tarnished (