December 29, 2018
As the United States Investing Championship gets set to restart on December 31, 2018, a surprising number of the entrants are coming from overseas.
Perhaps that is because of the recent steep drop in U.S. markets. The other interesting fact is that a significant number of the participants appear to be followers of Mark Minervini, a former United States Investing Championship winner.
The United States Investing Championship previously ran from 1983 to 1993. It attracted such legendary traders as Paul Tudor Jones, Louis Bacon, Dr. Edward O. Thorpe, Mark Strome, Mark Minervini, David Ryan, Doug Kass, Sheen Kassouf, Marty Schwartz, Frankie Joe, Tom Basso, Cedd Moses, Gil Blake, Robert Prechter, Jr., and Bruno Combier.
Each participant must specify a real account number for an account of $20,000 or more, on or before December 31, 2018. If the participant does well, they submit copies of their brokerage statements at the end of each quarter. There is also a competition for accounts of $1 million or more, called Money Manager Verified Ratings. Top performers will be separated into different divisions based on the volatility of their accounts. The one-time entry fee for the United States Investing Championship is $350, while the one-time entry fee for Money Manager Verified Ratings is $1,000.
Prior top finishers have been covered in virtually every financial publication, from the Wall Street Journal and Barron’s, to Forbes, Money, and Fortune, to the New York Times, USA Today, and Investors’ Business Daily, to foreign newspapers such as “Le Figaro,” to books such as Jack Schwager’s “Market Wizards.”
To enter, the participant should go to the website financial-competitions.com, and sign up. That site has a link which shows some of the previous press coverage. The competition is run by Dr. Norman Zadeh, a former Stanford professor and son of Lotfi Zadeh, the creator of fuzzy logic.
This competition is primarily for up and coming traders who wish to establish a proven track record. Other than the modest entry fee, there is no downside. Negative performances are not published. If the participant does well, they are likely to receive substantial notoriety, along with the financial benefit that normally comes from such notoriety.
For more information, contact Dr. Norman Zadeh at [email protected], or 310-409-7193, or 310-476-0700.