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Comment by ChrisMarshallNY

9 hours ago

> boots paradox

For those that don’t know what they meant, here you go[0].

I’ve always been a fan of Quality, but Quality costs, and people that get rich, generally do so, by selling lots of lower-quality stuff. Hard to compete against.

[0] https://en.wikipedia.org/wiki/Boots_theory

Excellent info and article. I'd not heard of this paradox, but I've always told my kids, "If you have to spend more to get quality, go for it." I will say though, if I won't be using a product very often, but still need it, I will buy something at a lower cost/quality.