Is Vanguard a Better Investment Than Vanguard Total Bond?

The Swiss central bank was criticized for taking such a big loss this year on their stock portfolio and he pointed out that if they'd stayed in the bonds they were normally in it would have been worse. So one of the things I really noticed is that you had to be unbelievably careful about credit and not just credit today but credit as well. The idea of just buying a basket of bonds for me is just I would never do it that makes sense.