I am in favour of experienceb,coz what we learn in our practical life ,books can never taught us those experience.
I know a person who is successful just bcoz of his experience.He is no other person ...he is m husband. and I m one of his great follower.My husband has only BCAdegree from such an small institute.He completed his graduation in his late 20 and he started working at that time Now he is 26 and he has work experience of 6 great yrs.in those 6 yrs he learned so man things He worked with professional acess,- citi group-wipro and last but not least Morgan Stanley (new york)which can be dream of an one.Now he is well placed in India with post of vice president which is very very tough to achieve in such a young ageit can be dream of an IITan or IIM valas but I am proud to say that my husband dont have such a big degree but he has 6 great yrs in his 26.but one thing I would like to say is success depends upon ur knowledge ..u can be successful with or without books . U should have presence of mind ,and power to grab the things. Stunning personality make all those things possible.
Practical theories arare always more useful than those bookish theories.