Legendary Traders · U.S. Investing Championship
Jandy Lam
Ninth to First on the $1 Million Board in Two Months
JMS Group · $1,000,000+ Stock Division · 2026 standings through 31 August
Last reviewed: 2 October 2026. Every figure below comes from the organiser’s published standings at financial-competitions.com and its Business Wire releases, unless it is explicitly labelled as our own arithmetic. Complete Trader’s Edge has not seen any account statement, and the 2026 competition is not over.
Part of our championship research
Every modern winner, every division and the month-by-month evidence behind this profile live on our U.S. Investing Championship hub, with an explorer you can filter by year, board and name.
Jandy Lam is the trader leading the $1,000,000+ Stock Division of the 2026 U.S. Investing Championship. Lam competes under the name JMS Group and stood at +87.3% through 31 August 2026, 35.3 percentage points clear of the next account on the board.
Two months earlier, Lam was ninth. The organiser’s half-year release listed Jandy Lam at +17.2%, behind eight other traders in the same division. By the end of July the same name sat first, and by the end of August the lead had widened.
That jump is most of the story, and it is also most of what anyone outside the account can know. The organiser has published no biography of Lam, no interview and no description of the trading. This page sets out every result we could trace, what each one does and does not tell you, and why the last four months of the year matter more than the two that put Lam on top.
Jandy Lam at a glance
| Field | Detail |
|---|---|
| Name as listed | Jandy Lam (JMS Group) |
| Competition | U.S. Investing Championship, Money Manager Verified Ratings ($1,000,000+ accounts) |
| 2026 division | Stock Division: no futures, no long options |
| 2026 position | First at seven months and at eight months |
| Latest published return | +87.3%, through 31 August 2026 |
| Nearest rival | Abdulmajid M. Al Qurashi, +52% |
| Earliest result we found | 2024 final standings, +12.3%, $1m+ Enhanced Growth |
| Biography from the organiser | None in any release we reviewed |
| Verification | Checked against brokerage statements by the organiser. Not an audited composite |
Jandy Lam’s U.S. Investing Championship record, result by result
We read the organiser’s year-end releases, the 2026 quarterly and half-year releases, and every published monthly board we could reach. This is every Jandy Lam result we found.
| Standings date | Board | Return | Position and context |
|---|---|---|---|
| 31 Dec 2024 (final) | $1m+ Enhanced Growth | +12.3% | Sixth of six published names. Brandi Archer won the board at +90.7%. 451 entrants |
| 30 Jun 2025 (six months) | $1m+ Enhanced Growth | +8.3% | Listed on a board led by Omar Abdul-Hameed at +84.4%. 567 entrants |
| 31 Dec 2025 (final) | – | Not listed | Absent from both $1m+ final boards. 579 entrants |
| 31 Mar 2026 (three months) | – | Not named | Not among the leaders named in the first-quarter release for either $1m+ division. 647 entrants |
| 30 Jun 2026 (six months) | $1m+ Stock | +17.2% | Ninth on the published list. Abdulmajid M. Al Qurashi led at +73.6%. 688 entrants |
| 31 Jul 2026 (seven months) | $1m+ Stock | +60% | First. George Tkaczuk second at +38.1%, Sheri Marcus third at +31.9%. 704 entrants |
| 31 Aug 2026 (eight months) | $1m+ Stock | +87.3% | First. Al Qurashi second at +52%, Tkaczuk third at +48.6%. 707 entrants |
Three gaps matter. Lam does not appear on the complete 2023 final boards, and for 2019 to 2022 our archive holds podiums only, so an earlier appearance lower down cannot be ruled out. Nothing appears for the 2025 final. And we could not read every 2026 monthly board, so the path between March and June is unknown.
The 2025 absence deserves a fair reading. Appearing on the boards is voluntary, and the published boards list traders reporting gains. A missing name can mean a loss, a flat year, or a trader who simply chose not to report. As our analysis of the monthly standings shows, absence is common on this leaderboard and it is not proof of anything.
Two months that rewrote the 2026 board
Because the organiser publishes cumulative, time-weighted returns, consecutive prints can be chained to recover what happened inside each month. Divide one month’s growth factor by the previous month’s and the remainder is that month’s return.
Our arithmetic, not the organiser’s. July: 1.600 ÷ 1.172, a gain of about 36.5%. August: 1.873 ÷ 1.600, about 17.1%. July and August together: 1.873 ÷ 1.172, about 59.8%. Six months produced +17.2%. The next two produced roughly +60% on top of it. In compound terms, about three-quarters of Lam’s year so far arrived in those eight weeks.
The more revealing comparison is with the traders who led the division at the half-year.
| Trader | 30 June | 31 July | 31 August | Change after June (our arithmetic) |
|---|---|---|---|---|
| Jandy Lam | +17.2% | +60% | +87.3% | About +36.5% in July, +17.1% in August |
| Abdulmajid M. Al Qurashi | +73.6% | Not listed | +52% | About −12.4% across July and August |
| George Tkaczuk | +61.4% | +38.1% | +48.6% | About −14.4% in July, +7.6% in August |
| Sheri Marcus | +56.1% | +31.9% | +22.7% | About −15.5% in July, −7.0% in August |
In the month Lam added about 36%, the three traders who had led the division at the half-year all went backwards. Tkaczuk and Marcus fell roughly 14% and 16% in July alone. Al Qurashi, absent from the July board, was about 12% lower at the end of August than at the end of June.
Whatever Lam held in July, it was not what they held. That is the single most useful thing the numbers say, and it is also as far as they go. The standings carry no positions, no trade count, no holding period and no drawdown figure.
Who is Jandy Lam, and what is JMS Group?
The public record does not say. “Jandy Lam (JMS Group)” is how the account appears on the standings, and the bracketed name follows a convention many entrants on the $1 million board use: Bagley Capital Management, Nighthawk Management Group, Trajecta Investment Partners LP, Inverteum Capital. Some of those are registered managers. Some are trading names. The organiser does not distinguish between them.
The one Business Wire release that mentions Lam, the 2026 half-year results, gives a name and a percentage and nothing else. Division leaders usually get a line of biography in the quarterly releases, such as a hometown, a former career or a degree. The nine-month release, which came out on 30 October last year, may add one.
Several unrelated companies around the world trade as JMS Group. Nothing we found ties any of them to this account, and we are not going to guess. Nor do we know whether Lam is a man or a woman, which is why this page uses the surname throughout.
If you are Jandy Lam, or speak for JMS Group, and want the record filled in, we would rather publish a verified line than leave a gap. The corrections note on our championship hub applies here too.
Stock Division this year, Enhanced Growth before
The division a result sits in is not a label. It is a statement about what the account was allowed to hold. Under the organiser’s rules, any account with futures or long option positions goes into the Enhanced Growth Division. Everything else, including long and short stocks, ETFs, leverage, foreign shares and written options, stays in the Stock Division.
Lam’s 2024 and mid-2025 results were on the $1m+ Enhanced Growth board, which means the nominated account held futures or long options at some point. The 2026 results are on the Stock board. Either the account changed what it trades, or Lam nominated a different account. Competitors choose an account each year, and the organiser does not say which.
Either way, the 2026 run has been made without futures and without bought options. It can still use margin, short positions and written options, all of which the Stock Division allows. For comparison, the $1m+ Enhanced Growth leader at eight months, Vikash Raniga, stood at +120.1% with futures and long options available.
Does an eight-month lead win the $1 million board?
Not reliably. The 2026 board alone shows how often the top spot changes hands.
| Standings | $1m+ Stock leader | Return then | Same trader at 31 August |
|---|---|---|---|
| 28 February | Jason Speziale | +42.5% | +19.9% |
| 31 March | Ron Bagley | +26.7% | +17.6% |
| 30 June | Abdulmajid M. Al Qurashi | +73.6% | +52% |
| 31 July and 31 August | Jandy Lam | +60%, then +87.3% | +87.3% |
At least four different traders have led this division in the months we can read. Each of the first three was lower by the end of August than when they led.
Recent years point both ways. In 2024, Aryan Khandelwal led the $1m+ Stock Division at nine months with +143.1% and finished fourth at +123.5%, while Law Wai-Sum won with a record +353.9%. In 2025, Law Wai-Sum led at six months with +184.3% and held on to win at +252.3%. Two cases are not a base rate. They are a reminder that the final board is the only one that counts.
The largest reversals on the record are on the $20,000 boards, where concentrated small accounts produce the big percentages. Leos Mikulka was up more than 960% at eleven months of 2024 and finished at +409.6%. The $1 million boards move less violently, but as the table above shows, they move.
Where +87.3% sits in the $1 million record book
Every modern $1m+ Stock Division winner, for scale.
| Year | $1m+ Stock winner | Winning return | Would +87.3% have won? |
|---|---|---|---|
| 2019 | Sean Goodsell | +10.1% | Yes |
| 2020 | George Tkaczuk | +119.1% | No |
| 2021 | Mark Minervini | +334.8% | No |
| 2022 | Sam Bhatia | +13.5% | Yes |
| 2023 | Tanmay Khandelwal | +129% | No |
| 2024 | Law Wai-Sum | +353.9% | No |
| 2025 | Law Wai-Sum | +252.3% | No |
Had the year ended on 31 August, +87.3% would have beaten two of the seven modern winning totals. That says less about Lam than about those two years: 2019 was the first modern contest, with 96 entrants and a combined $1m+ board, and 2022 was a bear market in which the S&P 500 fell 19.4%. A year-end result means most when it is read against the market it was earned in, and 2026 still has four months to go.
One benchmark the organiser has published: the S&P 500 gained 10.2% in the first half of 2026, when Lam stood at +17.2%. Lam was ahead of the index before the July surge began.
Mind, Method, Money
Profiles in this series normally map a trader’s known habits onto the three pillars. For Lam there are no known habits, so this version maps what the record supports against what it cannot tell you.
What the record supports, and what it does not
| Pillar | What the record supports | What it cannot tell you |
|---|---|---|
| Mind | Lam has entered across at least three seasons and stayed on the published boards in modest years, at +12.3% and +8.3%. Reporting is voluntary, so staying visible in an unremarkable year is a choice | How the account was handled in the months it was off the boards, including the 2025 final, and how Lam behaves under a drawdown |
| Method | The 2026 gains were made inside Stock Division rules. The July return moved opposite to the division’s other leaders, which points to a different book | Holdings, style, holding period, concentration or turnover. None of it has been published |
| Money | The account competes on the $1,000,000+ board, where profit on a smaller account is divided by $1 million, so a tiny book cannot manufacture the percentage | Leverage, position size, peak-to-trough drawdown, or the dollar profit. Time-weighting strips out deposits and withdrawals by design |
As an illustration only: on a $1 million starting balance with no money added or withdrawn, +87.3% would be roughly $873,000 of profit in eight months. The organiser does not publish account sizes, so treat that as scale, not as a figure. The framework behind the table is set out in The Three Pillars: Mind, Method, Money.
Eighty-six lives read through Mind · Method · Money, from Livermore reading a chalkboard in 1892 to the traders still working from those ideas today. Told as they happened, with the losses left in, and every quotation traced to a source.
The counterweight
Five things belong beside the +87.3%.
Eight months is not a year. Three earlier 2026 leaders on this board were lower by the end of August than when they led. December decides the title, and the organiser’s final standings normally appear in late January or early February.
The record is one strong stretch in three seasons. Before July 2026, Lam’s best published print was +17.2%. The full record is two modest results, a missing final, and one exceptional two-month run. That run may be the start of something durable. It may also be a single well-timed position. The standings cannot tell the two apart.
Nothing has been made public beyond the percentages. The organiser checks results against brokerage statements, which is far stricter than a screenshot and far looser than an audit. It is not a regulated performance record and not a track record anyone could allocate capital to.
The risk taken is invisible. A 36% month on a large account can come from a concentrated position, leverage, written options, or a diversified book that caught a strong month. Each of those carries a very different chance of giving the gain back. Nobody without the statements knows which applies here.
The 2025 gap is unexplained. Reporting is voluntary and absence is not a loss. It is still a gap, and a complete picture of Lam’s record would need it filled.
What actually transfers
Read the path, not the print. +87.3% is really two numbers: +17.2% over six months and roughly +60% over two. Those describe very different years, and the headline hides the difference.
Chain the prints yourself. Any series of cumulative returns, including your own, can be divided month by month to show where the result came from. If most of your year came from one month, you have learned something about your risk.
Judge a month against the field. A gain in a month when the strongest traders around you lost money means something different from a gain in a rising market. Relative performance is where an edge shows, or does not.
Know which division your number belongs to. Lam’s own record spans two divisions with different instrument rules. A return quoted without its instrument set and account size is half a fact.
Respect the modest years. +12.3% and +8.3% do not make headlines. They are also what most of a trading life looks like, and staying in the game through them is what makes a strong year possible.
Wait for December. The base rate on this leaderboard favours patience. Our research on the 8% of entrants who reported a profit in 2022 and on the leaders who gave back their gains sets out why. For the sizing side of the same lesson, see our position sizing guide.
Free research sheet
The U.S. Investing Championship: The Complete Research Sheet
Five pages covering every modern winner by board, the 2026 interim standings through 31 July, the peak-versus-final and vanished-leader tables, the record book, the original era with source grades, the SEC chapter, and seven rules for reading any number from this contest.
Frequently asked questions
Who is Jandy Lam?
Jandy Lam is the trader leading the $1,000,000+ Stock Division of the 2026 U.S. Investing Championship, listed on the standings as “Jandy Lam (JMS Group)”. Lam was at +87.3% through 31 August 2026. The organiser has not published a biography, and we found no interview or public profile.
What is JMS Group?
It is the name Lam competes under. The organiser does not describe it, and several unrelated companies around the world use the same name. Nothing in the public record ties any of them to this account.
What is Jandy Lam’s return in the 2026 U.S. Investing Championship?
+87.3% through 31 August 2026, first in the $1,000,000+ Stock Division and 35.3 points ahead of Abdulmajid M. Al Qurashi at +52%. Lam was +17.2% at the end of June and +60% at the end of July. These are interim standings, not a final result.
Has Jandy Lam won the U.S. Investing Championship?
Not yet. The 2026 competition runs to 31 December, and the organiser normally publishes final standings in late January or early February. Lam’s earlier published results were +12.3% in the 2024 final standings and +8.3% at six months of 2025, both on the $1m+ Enhanced Growth board.
Which division does Jandy Lam compete in?
The $1,000,000+ Stock Division in 2026, which does not allow futures or long options. Lam’s 2024 and 2025 results were in the $1m+ Enhanced Growth Division, which does.
How did Jandy Lam go from ninth to first?
By gaining roughly 36.5% in July 2026 while the three traders who led at the half-year lost ground. That figure is our own arithmetic from the organiser’s cumulative standings, not a number the organiser publishes. Lam added about 17.1% more in August.
Sources and how we built this profile
Results come from the organiser’s current standings at financial-competitions.com (eight-month board, read 2 October 2026), its previous-standings archive (December 2024 final, June 2025, February, June and July 2026 boards), and its Business Wire releases for the 2024 nine-month results, the 2025 final results (2 February 2026), the 2026 first quarter (30 April 2026) and the 2026 first half (28 July 2026). Earlier finals are cross-checked against our own transcribed dataset, which is free to download from the championship hub. Monthly figures labelled as ours are derived by chaining the organiser’s cumulative returns and assume the same account across the months shown. Complete Trader’s Edge has no relationship with Jandy Lam or JMS Group and has not seen any statement. This page will be updated when the organiser publishes later 2026 standings.
Continue Learning
- The U.S. Investing Championship: Winners, Records and Results by Year
- Up 960% in November, Third by December: What the Championship Leaderboard Hides
- Only 8% of Traders in the U.S. Investing Championship Made Money
- The Best Trader in the U.S. Investing Championship Has Never Won It
- Mark Minervini: The Retail Trader Who Became Champion
- David Ryan: The O’Neil Protégé Who Won Three Investing Titles in a Row
- World Cup Trading Championships: Winners, Records and Results by Year
- The Psychology of Losing
- Risk of Ruin: The Mathematics Every Trader Must Understand
- The Three Pillars: Mind, Method, Money
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