Mr. Victor Niederhoffer and Mr. Nassim Nicholas Taleb are two traders whom I admire for a variety of reasons. This article is a great story and synopsis of how different and opposite they both are in their respective trading strategies.
I have read that traders who write options generally tend to make more consistent money than those who buy options; but when an unexpected event comes along they blow it all away. Mr. Niederhoffer writes them, and Mr. Taleb buys them. Mr. Niederhoffer makes money up until the unexpected event. Mr. Taleb loses money until the rare, unexpected, black swan event occurs.