Options is chatting with Büsser at The Hour Glass’ Malmaison boutique. He delivers a soliloquy on automobiles and airplanes of the 1940s and 1950s that have inspired his latest unconventional invention, Horological Machine No 9 “Flow”, or HM9. The monologue is completely riveting, more so for the insights it reveals about the man behind the machine. With great showmanship, Büsser expresses his appreciation for the graceful lines and voluptuous curves of three vintage cars that he considers to be the most beautiful automobiles ever designed: the Buick Streamliner of 1948; Alfa Romeo Disco Volante designed by Milanese coachbuilder Carrozzeria Touring in 1952; and the Mercedes-Benz W196 manufactured in 1954. He also shows me a fleet of vintage airplanes — including Swiss army jet planes — that were gorgeously designed but never managed to fly.

“Engineers were artists then,” Büsser says. “The first computer-aided designs came about only in the 1960s, so those engineers had to draw by hand the shapes they believed would go fast. But there was no way of telling whether they would work. They created aerodynamic shapes even before the world understood what aerodynamic meant.”

“Let me take you through the engine that powers this beast,” Büsser says. The HM9 is one of the most mechanically sophisticated Horological Machines Büsser has ever made. Each twin lateral pod houses a separate balance wheel and escapement while the central hull is anchored by the mainspring barrel as well as a differential. The latter averages the rate of the two independent balances, producing a single output for the time display, and the tendency of the two balances to cancel out each other’s variations in rate is intended to produce better accuracy. “Having one heart and one brain is difficult enough, but two hearts and one brain is much more difficult,” he says. “There are very, very, very few watches in the world that have two balance wheels. The first man who created a wristwatch with two balance wheels — the Duality — 23 years ago was Philippe Dufour, arguably one of the two greatest watchmakers alive today. And he made so few pieces because they are so difficult to make.” Was the decision for the time-telling device to have two hearts, therefore, a vainglorious pursuit of higher complexity? “I’ve got a thing for symmetry,” Büsser clarifies. “Whenever I try and get out of symmetry, I feel uneasy. When I drew these two pods, it felt like a plane that’s about to take off. We needed the design to convey the flow of the air and the thrust, and that’s why we called it ‘Flow’.”
The HM9 project took about four years to develop. The learning curve was shortened and could have spanned up to eight years, says Büsser, if not for several earlier successful experimentations. In particular, the HM4 Thunderbolt with its binocular-style, twin-pod case in 2010, and Legacy Machine No 2 in 2013, which was also powered by two flying balance wheels. “We accumulated an amazing amount of knowledge, which enabled us to even dare to attempt this. I genuinely think that a manufacture that does normal round watches could not have made this come to life. It’s because we’ve been experimenting for so long that we could come up with this,” he says. It took four years and millions of dollars in R&D. “It’s an insane business model,” Büsser admits. “We come up with one to two new movements a year, and each one takes three to four years to develop. So, while you’re developing, it’s negative cash flow for four years. It’s only at the end of the sixth year that we become cash flow-positive. I think our best profit in a year was 4%. Everything we make goes back into the pot for R&D for all the different projects we’ve got going.” According to Büsser, MB&F’s R&D budget is pegged at 27% of its revenue, compared with the industry norm of 3% to 4%. By contrast, its communication budget is 5% to 6%, whereas it hovers around 20% for most other brands. “We put all our energy into creating — as Steve Jobs would say — ‘insanely great products’, and then rely on word-of-mouth to get people to know about it,” he says. The audacious creator discloses that it took him a decade to recoup MB&F’s initial start-up cost of CHF900,000 — and only three years ago. But it has never been about the money for Büsser. “I’m an addict,” he admits. “The addiction is that I exist when I create, and I get depressed when I don’t. I’m always in search of this adrenaline spike and that addiction is fuelled by taking risks — technical risks, business risks, conceptual risks, aesthetical risks, commercial risks — because my ultimate fuel is pride. And pride only comes from taking risks,” says the fearless hero of the MB&F story. Jamie Nonis is a business and lifestyle journalist with an appreciation for all things beautiful