I have implemented two methods to read a file in python. The one uses the os module while the other uses try-except. Which of the two you believe is the best and why?

    import os

    path1 = "C:\Users\kompo\Desktop\p train\hi.txt"
    path2 = "C:\Users\kompo\Desktop\p train"

    #method1
    if os.path.exists(path1):
        print("exists")
        if os.path.isfile(path1):
            print("is file")
            with open(path1) as file:
                print(file.read())
            print(file.closed) #check if closed
        elif os.path.isdir(path1):
            print("is dir")
    else:
        print("does not exist")

    print("==================================")

    #method2
    try:
        with open(path1) as file:
            print(file.read())
        print(file.closed) #check if closed
    except FileNotFoundError as e:
        print(e)
        print("does not exist")
    except PermissionError as e:
        print(e)
        print("is dir")
    except Exception as e:
        print(e)
        print("unexpected exception")