I'm Quoted in the WSJ Commenting on Bond Funds

I'm quotes in a Feb 8 article in the WSj on "go anywhere" bond funds

Lawrence Weinman, a fee-only financial adviser in Los Angeles, says go-anywhere bond funds may wring out a bit more return, but may be taking more risk in the process. "The problem with go-anywhere bond funds is they can do anything; they can add on all the risks that I try to control—credit risk, duration maturity risk, currency risk," he says. Some can take on equity exposure with convertible bonds or invest overseas without hedging, he says.
"You're betting on the management being able to do that. I'm pretty skeptical in terms of persistent manager skill," he says.