tournament AND ring games...you're crazy

[lotus776]

That's what I was told by a player who, in my poker youth, I had deamed the local pro. Now, I've come across many different opinions regarding whether it is correct to focus all attention on tournament play or simply to balance my attention between tourneys and ring limit games. Two totally different worlds, I know. The thing with ring games is that "real" money is on the line, I could lose a couple hundred a night in a couple of hours (I've actually never had that happen) but with tourneys I can get a lot more time at the table for a much lessor price.
My question is:
Can a player make more money playing in regular limit ring games as compared to tourneys. Tourneys have much more variance whereas tight-aggressive play at the limit table could render a much more consistent income. what do you think?

thanks