Most of us have heard The Tortoise and the Hare story in our childhood. How a nimble footed hare ridicules a slow moving tortoise, in turn the tortoise challenges him to a race. The hare soon leaves the tortoise far behind and, confident of winning, he decides to take a nap midway. When he wakes up, however, he finds that the tortoise, moving slowly but steadily, has already won the race.
This sort of contrasting styles is often found when it comes to retail investor behaviors and idiosyncrasies. Here I refer them as Hare and Tortoise investors.