Earlier quoted context omitted.
> Enjoy wine, or that Stradivarius recording, accepting that you might be fooling yourself. Yes, but it's also good to be aware that there are limits to your perception and take advantage. The 80% rule definitely works here. I don't drink wine, but at least with beer, tequila, and coffee, there is a pretty obvious gap between the cheap/ low end stuff and the good stuff, but paying significantly more for higher end br…
What I’ve found is that the difference between an $30 bottle of wine and a $8 bottle isn’t necessarily quality, it’s consistency: buying the same $8 bottle of wine 10 times can result in five great bottles and five so-so bottles, with a $30+ bottle, it’s more like 1% of the time you get a bad bottle. So, when I’m giving a present or planning a party, I tend to gravitate to the more expensive bottles because it makes…
(Not sure where you live, but in major US cities $8 will get you only the most mass-market stuff - Frontera, Yellow Tail, etc.)