3 ms·
Long-term reliability is not a consideration for a restaurant meal (even if consistency is for the restaurant itself). Given how products churn and the practice
by fmajid 3y ago
Long-term reliability is not a consideration for a restaurant meal (even if consistency is for the restaurant itself). Given how products churn and the practice of planned obsolescence, by the time you have the long-term durability results, the product is probably no longer available for sale.
- KingMob 3y agoThis is one of Consumer Reports' advantages. They regularly poll their readers for repair data to get a feel for how well things last, and use that as a factor in their recs on new products.
- fmajid 3y agoYes, the Lindy Effect is a valuable heuristic. But private equity firms love to buy a company with a sterling reputation, then run it into the ground while milking it for profits and saddling it with debts that will never be repaid, so you need to watch out for changes in ownership or management like a hawk.