LOS ANGELES--(BUSINESS WIRE)--Jan 27, 2025--
The United States Investing Championship just announced its final results for 2024. There were four hundred fifty-one competitors, each of whom selected a real money account to be tracked before the competition began. Prior top performers include Paul Tudor Jones, Mark Minervini, David Ryan, Mark Strome, and Dr. Edward O. Thorp.
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In the $1,000,000+ stock division, setting a new record of + 353.9%, is J Law, from Hong Kong. Mr. Law broke Mark Minervini’s prior record of + 334.8%. Mr. Law is a student of Mr. Minervini. He has a YouTube channel, @jlawstock. In second place + 273.8% is J Law’s wife, Judy Lai. In third place + 153.2% is Deepak Uppal, from Chicago, Illinois. Mr. Uppal has an MBA from the University of Illinois. Other traders reporting significant profits are Aryan Khandelwal (TwoXCapital) + 123.5%, John Ward (Mystic Valley Investments) + 122.8%, Theo Gustincic + 107%, Anthony Shi + 101.2%, George Tkaczuk + 97.7%, Vibha Jha + 78.2%, Louis Carlos Tarin + 64.2%, Bhasker J. Patel MD, FACC + 43.7%, James R. Wombles, Jr. + 35.1%, and D I Trading + 32.1%.
In the $1,000,000+ enhanced growth division, which allows the trading of futures and options, the winner is Brandi Archer + 90.7%, a full-time trader from Chicago. Ms. Archer previously worked in real estate and has a law degree from Chicago-Kent. Finishing second is Matthew Pryzby + 59.1%, from Long Beach, California. Mr. Pryzby runs Trading Experts, an educational service for traders. Other traders reporting significant profits are Warren Straub + 39.6%, Magnus Sigurdsson + 37.8%, and SK Chong of Kamet Capital Partners + 28.6%.
Among participants trading less than $1,000,000 in stocks, the winner is Judy Lai + 449.1%, the wife of J Law. Finishing second + 433.5% is Christian Flanders, from Puerto Rico. Mr Flanders played poker professionally for ten years and is a fencing champion. Finishing third + 409.6% is Leos Mikulka, from Prague, Czech Republic. Mr. Mikulka played professional football for the Czech Republic national team. He currently works in the IT industry. Other traders achieving gains of more than 100% are J Law + 397%, Mohamed Gad +308.8%, Martin Luk + 283.1%, Menelaos Fthenakis + 254%, Gabriel Blanco, CPA + 218.7%, Abinesh V. + 217.3%, Kelvin C.H. Wong + 180.6%, Javi Medina + 178.5%, Waddington J. G. Antonio + 138.9%, Steven Chase + 133.2%, Michael Seidler + 117.4%, Parin Vasava of Aartha Investments + 116.7%, and Matthew Moorman + 109.5%.
Among participants trading less than $1,000,000 in the enhanced growth division, the winner is Brandon Frenchak + 482.6%, from Montgomery, Texas. Mr. Frenchak owns a data engineering consulting firm. Second is Anindo Majumdar + 389.3%, from San Diego. Mr. Anindo Majumdar quit his job as an engineer at Cisco Systems in 2006 and has been a full-time trader ever since. Third is Florian Philippi + 311% from Germany, now living in New York City. Mr. Philippi is a Data Engineer. Other traders with gains of more than 100% are Andrew O’Connell, CFA, FRM (Pristine Capital) + 254%, Dave Gagne + 217.6%, David Tarin + 217%, Satish Karanam + 201.1%, Christopher Boyd + 200.8%, Tim Emanuel + 192.2%, Holly Handy + 191.9%, Lai Lee + 163.9%, Bhushan Bhangale + 117.4% and Andrew Preston of Mark Anthony Trading + 105.9%.
Since its inception in 1983, the United States Investing Championship has attracted legendary traders, including Paul Tudor Jones, Mark Minervini, David Ryan, Sean Ryan, Louis Bacon, Dr. Edward O. Thorp, 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 financial-competitions.com along with articles about top performers from Business Insider, Institutional Investor, Barron's, the Wall Street Journal, Forbes, and other financial publications. The standings also appear on X at @USICOfficial.
Entries for the 2025 competition are currently being accepted at financial-competitions.com. Participants who enter late are tracked from the close on the day they enter.
The contest coordinator, Dr. Norman Zadeh (aka Zada), is also president of the Lotfi Zadeh Foundation, a charity created to build thousands of ultra-low-cost ($5,000/unit) residences in sparsely populated areas and fully take care of the homeless. (Visit lotfi-zadeh.com for more information.) Dr. Zadeh taught Operations Research in a visiting capacity at Stanford, UCLA, UC Irvine, and Columbia Universities between 1975 and 1983. He managed hedge funds from 1991 to 2012. His father, Lotfi Zadeh, created fuzzy logic. Norm is the author of four books: Fox News: The Enemy Within (released in 2021), The Rise and Fall of Perfect 10 (released in 2021), Hold'em Poker Super Strategy (released in 2020), and Winning Poker Systems (Prentice Hall, 1974).
For more information, contact Dr. Norman Zadeh at normanz@earthlink.net or call 310-409-7193.
Leaders in $1 Million+ Division (Graphic: Business Wire)
NEW YORK (AP) — The R&B singer Cassie is back for more cross-examination Friday by the defense team for ex-boyfriend, Sean “Diddy” Combs.
Prosecutors allege that the hip hop mogul used his fame and fortune to orchestrate an empire of exploitation, coercing women into abusive sex parties. His lawyers argue that all the sexual acts were consensual, and although he could be violent, he never veered into sex trafficking and racketeering. Combs has pleaded not guilty to racketeering conspiracy; sex trafficking by force, fraud or coercion; and transportation to engage in prostitution.
Defense attorney Anna Estevao has made Cassie read out loud from messages expressing desire for the drug-fueled group sex she previously testified left her traumatized. Estevao also suggested that by exposing Combs' sexual behavior in a lawsuit, it was Cassie who ended Combs' career, not the other way around.
Prosecutors implored the judge overnight to make the defense wrap up its questioning in time to allow for prosecution follow-ups on Friday, citing concern for Cassie’s “health and safety” and the potential for a mistrial if she goes into labor with her third child.
The Latest:
After fears that Cassie’s testimony could spill over to next week, Estevao says she’ll finish questioning Cassie “much sooner” than expected this afternoon, even before the next break.
The defense questioning may have been speeded because Cassie has been a cooperative witness throughout her four days on the witness stand. She hasn’t challenged Combs’ lawyer or claimed often that she can’t remember what happened during a period of her life when she concedes she was addicted to drugs.
Much of the key testimony before lunch traced the end of their relationship and the role jealousy played in it. The final straw, as Cassie acknowledged, came in November 2018 when she learned that Combs considered a woman he had dated for several years during his time with Cassie to be his “soulmate.”
“I didn’t see him again after that,” she testified.
She noted that Cassie’s trial testimony differs in some ways from what she told investigators in 2023. Cassie contends Combs raped her in her Los Angeles home after they had dinner in Malibu to discuss the end of their decade-long relationship, either in August or September 2018.
— Her testimony: Combs “was just being really nice” at the dinner — playful, laughing and giving off “kind of romantic vibes.”
— To investigators: Combs had been “acting very strangely” that night — he was anxious, not “in his right mind,” and possibly experiencing signs of bipolar disorder.
— On cross-examination: “Nice but strangely, yea,” Cassie clarified.
— Her testimony: At the dinner, Combs was trying to get her to go to the Burning Man festival in Nevada.
— To investigators: The dinner and rape happened after Combs got back from that year’s festival.
— On cross-examination: Cassie reaffirms that Combs was trying to get her to go to Burning Man, while acknowledging that she told investigators he raped her after the festival.
Cassie acknowledged their consensual sex as Estevao had her read the texts they exchanged in the aftermath of their breakup.
Cassie told Combs: “I do love you. I would just prefer not being one of your girlfriends anymore.”
Then, a few weeks after the alleged rape, Cassie said she was moving on to respect her own sanity. Combs replied: “I respect your sanity. It’s best we keep it moving. I’m not a stalker.”
Cassie also acknowledged that these messages made no mention of the alleged rape.
Estevao asked Cassie if she still had feelings for Combs after he allegedly raped her in August 2018.
“You didn’t hate him then. And you don’t still hate him now,” Estevao said.
“I don’t hate him,” Cassie responded.
“You still have love for him?”
“I have love for the past, what it was.”
Cassie testified that she broke up with Combs for good in August 2018 after she saw a photo of him with another woman he’d been dating for the last few years of their decade-long relationship.
“I just don’t trust anymore. That last shot put the nail in the coffin,” Casse texted Combs, referring to the photo of Combs with a woman identified in court as Gina.
“I promised myself I wouldn’t be with you anymore if you did that to me again,” Cassie wrote, telling Combs “you lied to me” and “she never went away.”
Soon after, Cassie said, she started dating her now husband, Alex Fine.
Estevao noted that the women’s center offered treatment for sex addiction, sexual compulsion and love addiction — and she asked Cassie if she was treated for any of these things during her weeks-long stay.
Cassie said she was not — but that she did undergo neurofeedback therapy: “They hook your brain up to a machine and you watch something and it regulates your brain waves.”
She said she underwent it five or six times, or about once a week during her stay, and that she believed it was to help her process trauma.
Cassie said she also underwent “EMDR” therapy to process trauma — and gave an example of recalling a traumatic moment when you couldn’t escape a room, but through therapy are able to experience what it’s like to escape the room.
Jurors heard a recording of a distressed Cassie screaming at a friend who said he had seen a video of performing sex acts.
In the recording, made by Cassie in 2013, the man claimed to have the video on his phone. Cassie is heard pleading to see the video and then threatening to kill him if it became public.
“I’ve never killed anyone in my life, but I will kill you,” Cassie told the man, punctuating her threats with profanity.
Cassie acknowledged in her testimony that Combs subsequently made efforts to keep the video private.
Defense attorney Anna Estevao resumed her cross examination Friday with questions related to the March 2016 recording of Combs attacking Cassie at the elevator bank of a Los Angeles hotel. In it, Combs can be seen slinging Cassie to the floor, kicking her and dragging her into a hotel hallway.
Estevao had Cassie read aloud a text message in which she complained that Combs was out of control from drugs and alcohol that day. In the message, Cassie told Combs: “I’m not a rag doll. I’m somebody’s child.”
Through text messages read aloud to the jury, Estevao then showed that Combs and Cassie were expressing love to one another again just days later as they tried to recover from the hotel attack. Cassie told Combs in one text: “We need a different vibe from Friday.”
Cassie said Combs was wary of her dating or giving attention to other men, even during breaks in their decade-long relationship. The hip-hop star took her phone from her on numerous occasions, including when he found out she was dating a football player and when she suspected her of dancing with the singer Chris Brown. Cassie didn’t name the player and denied dancing with Brown.
The judge has tried to clear the way for jurors to be brought in on time for what was hoped to be Cassie’s last day on the witness stand.
One item in dispute: A recording Combs made when he went to rehabilitation after a March 2016 attack on Cassie at the elevator bank of a Los Angeles hotel.
Prosecutor Emily Johnson said the video showed Combs “wandering through nature” as he spoke of “religion and God.” She described it as an effort by Combs’ lawyers to seek sympathy from the jury.
On the video, Combs says he has “God in my heart.” The judge watched it and then decided the argument was moot because the defense agreed not to show the video to the jury.
Their complaints include:
A day after an attorney for Combs claimed that prosecutors purposely delayed calling Cassie to testify so that the defense would have less time to cross examine her, prosecutors shot back in a letter to the judge overnight.
Prosecutors said it seemed defense lawyers were intent on forcing Cassie to return to the witness stand on Monday so that Combs could review transcripts over the weekend and help them prepare additional questions for her.
They also raised the risk of a mistrial if Cassie is required to return Monday but instead goes into labor with her third child over the weekend.
Messages between Combs and Cassie — both romantic and lurid — were the focus of the fourth day of testimony in a Manhattan courtroom. Defense attorney Anna Estevao read what Combs wrote, while Cassie recited her own messages about her participation in marathon encounters with sex workers, called “freak-offs.”
▶ Read more about Cassie’s testimony Thursday
Cassie Ventura wipes tears from her eye while testifying in Manhattan federal court, Tuesday, May 13, 2025, in New York. (Elizabeth Williams via AP)
Quincy Combs, second from left, and Chance Combs center, arrive at Manhattan federal court, Tuesday, May 13, 2025, in New York. (AP Photo/Seth Wenig)
Janice Combs arrives at Federal Court after the lunch break in the Sean "Diddy" Combs trial, in New York, Tuesday, May 13, 2025. (AP Photo/Richard Drew)
Cassie Ventura, right, walks out of the courtroom past Sean Diddy Combs after testifying in Manhattan federal court, Tuesday, May 13, 2025, in New York. (Elizabeth Williams via AP)
Sean Diddy Combs, left, stands as his defense attorney, Teny Geragos, gives her opening statement to the jury on the first day of trial in Manhattan federal court, Monday, May 12, 2025, in New York. (Elizabeth Williams via AP)
