Like its sister company Danaher (NYSE:DHR), Colfax (NYSE:CFX) has its own way of doing things, and if Danaher can be thought of as something of a blueprint, long-term shareholders in Colfax will likely look back in a few years' time and be quite happy with their holding. In the near-term, though, worries about the health of the global industrial market, and Europe in particular, could make these shares volatile.