Switzerland is often quoted as a success story for its handling of linguistic and cultural diversity. In this presentation, I will try to assess this success: to what extent is this reputation justified? What are the conditions that have resulted in this very particular way of dealing with diversity in a multilingual state? What are the strengths and weaknesses of the “Swiss model”? Since time and space are too limited to engage in a full-fledged historical, political, sociolinguistic and economic assessment of Swiss quadrilingualism, let alone in a comparative discussion, I will eschew the usual presentation of demo- and sociolinguistic data in favour of a more interpretative approach, with the aim to provide the reader with an analytical, rather than descriptive perspective on Swiss multilingualism today.