LOS ANGELES--(BUSINESS WIRE)--The United States Investing Championship today announced the leaders for the first ten months of 2022. Three hundred sixteen top traders participated, but only 26, or 8%, reported profits, according to contest organizer, Dr. Norman Zadeh. The United States Investing Championship is a real money, verified competition that allows up-and-coming traders to showcase their talent on the world stage. Prior top performers include Paul Tudor Jones, Louis Bacon, Mark Minervini, and David Ryan. Participants specify an account number at the beginning of the year for tracking purposes and use their brokerage statements to verify performance.
Leading the $1,000,000+ stock division with a ten-month return of + 18.2% is Sam Bhatia, from New York City. In comparison, the S&P 500 was down 17% for the first ten months of 2022. Mr. Bhatia is a graduate of Columbia Business School and the Indian Institute of Technology. He is a former investment banker who has been actively managing money since 2020. The other participants reporting profits are Sean Goodsell + 5.1%, Luis C. Tarin + 3.6%, and Moritz Reinhart + 1%.
In the stock division, among traders with accounts of less than $1,000,000, the leader is Gemy Zhou, + 406.7%, from Toronto, Canada. Mr. Zhou was born in Chongqing, China, and grew up in Chengdu, China. He has BS and MS degrees in Electrical Engineering from the University of Electronic Science and Technology of China. He is a full-time trader. Sean Ryan, from Costa Mesa, California, is second, + 153%. Sean is the son of David Ryan, a three-time USIC winner. Sean finished 30th in 2021, + 18%, 13th in 2020, + 128%, and second in 2019, + 51.8%. In third place, + 83.2%, is Shane X. Zhang, from Toronto, Canada. Shane grew up in Vancouver and is a full-time trader. The other entrants reporting profits in the stock division are Shahid Saleem + 53.9%; Manish Patel + 47.7%; Nishit Shailesh Mehta + 38.1%; Wind Win + 22.5%; Hoang Nguyen + 22.5%; John Rodrigues + 18.8%; Joey Stephens + 16%; Sundeep Idlani + 13.9%; Dan Dormody + 8.9%; Joe Meyecic + 6%; Don Bartell + 5.6%; Rainier Trinidad + 5%; and Joo Liang Tee + 4.4%.
The enhanced growth division allows the trading of futures and long options. Leading the $1,000,000 + enhanced growth division after nine months is Maziyar Yousefizad, + 37.4%, from Toronto, Canada. Mr. Yousefizad is the founder of Derivatix Capital Management, LLC. He manages the Fortune Reliance Fund. Mr. Yousefizad previously worked as a senior risk and business analyst for CIBC and TD, two Canadian banks in Toronto. He attended Sharif University of Technology in Iran, receiving a BS in Industrial Engineering and an MBA. He moved to Canada in 2005.
In the enhanced growth division, among traders with accounts of less than $1,000,000, the leader is Hieu Tong + 106%, from Louisville, Kentucky. Mr. Tong was born in Vietnam and is currently a part-time physician. He graduated from the University of Louisville. Second is Dan Dubyk, + 96.6%, from Philadelphia. The other entrants reporting profits are Vishal B. Malkan + 44.8%, Miroslav Gnjatović + 31.7%, and Pierre M. Fiorini + 5.6%.
Since its inception in 1983, the United States Investing Championship has attracted legendary traders, including Paul Tudor Jones, Louis Bacon, Mark Minervini, David Ryan, Dr. Edward O. Thorpe, Mark Strome, Doug Kass, Sheen Kassouf, Marty Schwartz, Frankie Joe, Tom Basso, Cedd Moses, Gil Blake, Robert Prechter, Jr., and Bruno Combier.
The standings appear on the website financial-competitions.com and are carried by various media outlets. Financial-competitions.com allows traders to enter the competition and provides copies of past articles about top performers from Barron’s, the Wall Street Journal, Forbes, and other financial publications.
Entries for the 2023 competition are currently being accepted at financial-competitions.com.
The contest coordinator, Dr. Norman Zadeh (aka Zada), taught Operations Research in a visiting capacity at Stanford, UCLA, UC Irvine, and Columbia universities between 1975 and 1983. Dr. Zadeh managed hedge funds from 1991 to 2012. He is the son of Lotfi Zadeh, the creator of fuzzy logic. Norm is the author of four books, Fox News: The Enemy Within (recently released), The Rise and Fall of Perfect 10 (released in 2021), Hold’em Poker Super Strategy (released in 2020),314 and Winning Poker Systems (Prentice Hall, 1974). He is also a songwriter. His songs include Dreaming of You, Lifetime in Love, I Just Need a Chance, and For You.