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.

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.

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

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”.

In this month's opinion, find out about a dream come true.

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.

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.

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

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