Which investment style is better?

Now, which style of investment is better is hard to tell. There have been people who have made fortunes with both styles of investing. But if you will make money or no
t is completely dependent on how well one can analyse a business, company or a situation and make a prediction of it's future. In that sense, both styles of investment can make one money give that one has a good grip of what's happening and what it might lead to.
Few people strictly adhere to the first type of investing while a lot of people seem to believe in the second type of investing style. In either case, people who make money are the smart guys. Smart guys are smart because they are either clever or because they are disciplined or in the best cases both. Obviously, they make the money out of the fools who are neither clever nor disciplined. Just from this statement one can see how investing can show how smart and disciplined one is. So, one more objective of the blog would be increase the smartness, discipline and recognize when one is being made the fool by external circumstances.

While not all people can be smart, everyone can strive to be disciplined. But research seems to indicate that the human brain has evolved in ways that disallows one to be disciplined. They seem to have evolved with an eye for short term gratification and a hatred to wait for a longer time even when the return for waiting for a longer time is greater compared to the short term return. More on this some other time.