I am sure both schools are profitable. However, I am curious statistically which school is more profitable. Value investors like to cite Warren Buffett as an example why value investing is superior. They ask "If shorter-term trading is so profitable, why are there no prominent ultra-rich traders who can compare with Warren Buffett"?
I have been pondering over this question. Is shorter-term trading inferior to value investing mainly because it is not as scalable as value investing? What are the pros and cons of each approach?
Long Term value investing allows you to keep another full time job and that makes it more profitable than day trading right away.............unless you are really piling cash........in day trading.
Would be good if someone can post stats on raw comparison.