If there are 2 algorthims that calculate the same result with different complexities, will O(log n) always be faster? If so please explain. BTW this is not an assignment question.
No. If one algorithm runs in N/100 and the other one in (log N)*100, then the second one will be slower for smaller input sizes. Asymptotic complexities are about the behavior of the running time as the input sizes go to infinity.