Here at The Motley Fool, our mission is "Helping the world invest. Better." For almost all Foolish writers, that means espousing a long-term, buy-and-hold approach that is perhaps demonstrated by Warren Buffett, CEO of Berkshire Hathaway.

But we'd be remiss if we didn't admit that there are others, few though they may be, who have taken a wholly different approach and enjoyed incredible success. One of those investors is hedge fund king Steven Cohen.

Cohen founded S.A.C. capital back in 1992 and was somehow able to post annual returns north of 50% as the dot-com bubble swelled up -- and yet was prescient enough to bet against tech stocks right when the bubble burst.

But as you'll see in the slideshow below, investors trying to emulate Cohen's success with similar tactics will likely be in for a tough time, and would probably be better off sticking with more Buffett-esque approaches to investing.

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Brian Stoffel owns shares of Berkshire Hathaway. The Motley Fool recommends Berkshire Hathaway. The Motley Fool owns shares of Berkshire Hathaway. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.