The recipe for the outperformance of Swiss businesses
Common sense and low taxes make the Alpine nation a corporate haven | Business
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Common sense and low taxes make the Alpine nation a corporate haven | Business
Common sense and low taxes make the Alpine nation a corporate haven | Business
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Watches are arguably the perfect collectible: they satisfy the same urge to understand mechanical things that characterises car collecting, but they don’t require a cavernous garage; they have all the aesthetic variety of a collection of paintings but you don’t need the wall space; they brim with the sort of forensically tiny differentiating details that raise philatelists to boundless ecstasies but are not as geeky as stamps; and they have the element of personal ornament valued by collectors of vintage couture, Hermès handbags and jewellery. The appeal of watch collecting is easy enoug...