Opinions (en)

2019-11-13

The Joyous Life of an Investor

The FOBO/FOMO combination is for me the permanent fear of backing the wrong horse and being stuck with a “value trap” in the Fund, while other stocks are skyrocketing, not to mention the concern as to what/how FCI (Friendly Competitors Incorporated) is doing/performing!
2019-08-30

“Driving Miss Daisy” – from upheaval to new start

25 years ago, a Swiss Miss Daisy didn’t exist! It bloomed in 2006, as the result of a graft between Zschokke & Batigroup, and was baptized Implenia, the company with the Daisy logo.
2019-08-15

Ponder the uncomfortable, the imponderable & walk the blues!

What I have learned over the last 12 years as an investor & fund manager, is that, even though there are long stints of calm & serenity along the way, there are also some uncomfortable events & looming imponderables.
2019-07-16

TINA – Are we in the ZIRC? II – “Do Gentlemen really prefer Bonds?”

In this month's opinion, Pierre Cloux examines the Mr. Market 2019 projection vs. Bond rates, questioning the current environment and its possible consequences.
2019-06-13

Seeking Wisdom IV – “Value Investing”

As the saying goes: “When the going gets tough, the tough get going!” Even though the month of April showed some clemency, even optimism, as I outlined here a month ago, Mr. Market in May seems to be of a more jittery and moody disposition. That is why I dug deep once again in order to seek wisdom and quench any whim of nervous trading activity. It is not the house-style anyway, as our philosophy is “Value Investing”.
2019-05-15

6.40% - Premonitory dream – TINA, are we in the ZIRC?

In this month's opinion, find out about a dream come true.
2019-04-18

King of the (Dance) Floor! (part 2) – Smart Moves & “Happy” Returns!

In 2013, Pierre Cloux was writing about a new investment in a company called Forbo. In this month's opinion, find out what has happened since.
2019-03-12

“Can Pandas fly?” (1) – A visit to Chengdu and to The 90-bagger Dragon!

In this article Pierre Cloux shares his account of a recent trip to China, discovering this fascinating country, analysing its fast growing economy and visiting production sites of the companies he is invested in.
2019-02-26

Valiant – let’s bank on it!

In this month's opinion, find out about Valiant's development plans and a travel note from Pierre Cloux in China.
2019-01-07

“Nerve-racking pain and teeth-pulling strain“ Let’s list the 2018 Razzie Nominations!

In this month's opinion, Pierre Cloux Lists the 2018 Razzie Nominations.