3 ms·
I think the prices much above $15 have more to do with things that have or should have a rare taste rather than a better taste in some sense that is market neut
by fatfingerd 3y ago
I think the prices much above $15 have more to do with things that have or should have a rare taste rather than a better taste in some sense that is market neutral.
- tesseract 3y agoI'm more familiar with the world of spirits but it's much the same situation - there is certainly unpalatable swill on the very bottom shelf, but at some fairly low price point you hit a perfectly adequate level of quality and products priced above that level are about some combination of brand cachet and/or unique and interesting flavors, moreso than being objectively "better".
- Wojtkie 3y ago>at some fairly low price point you hit a perfectly adequate level of quality Buffalo Trace for bourbon, for example.
- Daishiman 3y agoRare taste, unusual combinations, extremely smooth character or historical value are some of the marks for why people pay extra for wine. There's fantastic cheap wine out there, just like you don't have to spend on wagyu beef to get perfectly good steak.