Arnon Grunberg


Another night of poker

Somewhere this summer on a rainy day in Germany I bough some Ryanair stocks. Of course I should have bought Ryanair much earlier, but I’m a mediocre investor. Thank god interest rates are even more mediocre and on top of that: less fun.
This fall I sold Ryanair. The stock hit 9 euro. A gain of more than twenty percent in a few months, I thought it was time to leave the company alone. Yesterday Ryanair closed at 9.60.
Another stock I bought this summer is Deutsche Telekom.
All sane investors disliked Deutsche Telekom. Reason enough for me to fall in love with Deutsche Telekom.
Stocks and human beings: I prefer the ones that are universally despised.