Investing in stocks is heavily influenced by market hype with many fund managers chasing trends to find the top stocks. Dennis Lynch, Jr. (Marshall) believes in setting trends, not following trends, to reap the best dividends from investing in stocks. Dennis continues to be a trend-setter on Wall Street by investing in non-traditional and disruptive stocks. According to the Wall Street Journal, he is considered one of the best stock-choosers in the U.S. Rather than going with popular brands, such as investing in Tesla, Dennis prefers to invest in innovative companies and technology such as Zoom and cryptocurrency.
About Dennis Lynch, Jr. (Marshall)
Dennis Lynch, Jr., who also goes by the name Marshall Lynch, has almost three decades of experience in the financial investment industry. He currently works as the Head of Counterpoint Global for Morgan Stanley. He has been with the company for over 20 years.
Raised in Rumson, New Jersey, Lynch earned a bachelor’s degree in government from Hamilton College and completed his MBA at Columbia Business School.
Dennis has an AA rating from Citywire and was chosen as the Wall Street Journal Winners’ Circle for 2020 for his investment choices. He oversees $130 billion in assets. His unconventional approach of investing in disruptive stocks has yielded a 142%-150% return on his funds in 2020 alone. Dennis has received several awards and recognition for outstanding work in the industry, including being named Fund Manager of The Year by Morningstar.
Dennis Lynch Investment Strategy
Dennis Lynch does not believe in investing in only one industry. He has invested in healthcare, digital, and technology. He is not interested in trends and hype behind big names. According to Lynch, his current investment strategy is based on three ingredients:
- Crypto is future-proofing: The uncertainty of the U.S. dollar has many people looking at alternative currencies. Dennis is particularly interested in investing in cryptocurrency: he believes that is the next frontier for the industry and is here to stay. While several fund managers dismiss cryptocurrency as a fad, Dennis believes in the long-term prospects of the blockchain, especially Bitcoin, to continue delivering promising returns. Although Dennis has not put all his money into crypto, he has added crypto investments to his portfolio.
- The remote work boom: It is not surprising to witness the remote work boom as a result of the COVID pandemic. Dennis invested in Zoom in 2019, the perfect time to get in, right before a pandemic led to millions relying on this platform for their remote work a year later. Dennis had predicted the rise of Zoom but the pandemic expedited the rise. Dennis expects Zoom to continue performing well and evolve into a multi-site solution.
- Tesla is too good to be true: Although Dennis owned Tesla stock in the early days and made a decent return selling his shares, he doesn’t believe in the long-term potential of the company. According to Dennis, the EV (Electric Vehicle) market has too many unknowns and Tesla requires too much capital. Dennis is a fan of the innovation of Elon Musk but believes he is a wild card. He also believes that there is no clear market leader in the EVs segment, with Tesla competing against auto-makers with longer track records.
Choosing Stocks for 2022 and Beyond
Dennis recommends creating your path for investment in stocks. He expects long-term holdings, persistent trends, and pandemic market investments are going to continue to be the top picks for the future.