Investors follow a multitude of different styles according to their own preferences, market characteristics, and many other factors and constraints. The issue of investing style has attracted a substantial amount of research, such as Barberis and Shleifer. Most investment strategies could be classified using the type of predictors that they use for future performance. There is a significant amount of work regarding identifying such predictors. One of the best known articles in this regard is (Fama and French 1995). In this article the authors studied size as well as the book to market ratio as predictors. There are many other articles analyzing potential predictors. Value investing and growth investing are among the most popular investment strategies and they use different predictors in an attempt to anticipate the future behavior of the related stock price. It is of clear practical as well as theoretical importance understanding what investment strategist have historically being successful in which markets. It should be noted that while historical performance does not necessarily translate into future investment opportunities, there could be some lessons learn from analyzing pervious patterns. In this context, there is the risk of oversimplifying by assuming that the techniques that have worked in some countries, such as value investment, are appropriate for other countries. The differences among countries might be rather significant even in the current globalized work. These differences might be even more extreme when comparing results in Western and Asian countries due to substantially different socioeconomically conditions, levels of development, as well as multiple other historical reasons. What follows is a very brief description of two of the most common investment strategies: value investing and growth investment.