I Hate Bonds

Warren once said that bonds that were once "priced as risk-free return were now return-free risks." Yes, he might have changed his mind with the recent increase in yields to combat inflation by the Fed, but that statement has always poignant in my mind. I have always abhored bonds as "safe." I try not to be risk-averse or risk-loving, but risk-neutral. I think one day when I need to transtion to have some stability to anchor the portfolio, it will not be in bonds. It will be in stalwarts, but the downfall of UNH and PEP leads me to ask are they just like the bonds in the past. Risk is not knowing what you are doing. Maybe there will be a stalwart, but every portion of the portfolio should be a well-priced risk.