Earlier quoted context omitted.
Amar Bose was a good professor, and in making this donation to his alma mater, he continues to carry on the tradition of MIT graduates doing good things long after they've made a name for themselves. His work today in no way lessens the impact of an audiophile's criticism of his company's products. Not only are they overpriced in consideration of value delivered, they are in many respects poor implements for faithful…
Which companies are better than Bose?
Speakers (as in, small-mid-size near-field monitors, from very expensive to why-not cheap): Genelec ($3000), Adam ($2000), KRK ($750), Logitech ($100). Tastes in speakers vary a lot, and it makes a difference where you will be using them. These numbers are for the upper-middle end of the range. I like KRKs for their clear but slightly forward sound. I don't need a pair of Genelecs, but they are amazingly good. Some people swear by the Adams, they don't evoke any strong response from me. At the cheapie end the Logitech stuff strikes me as having a surprising level of bang for the buck, but it's been a while since I listened carefully to anything like that.
Buy powered speakers. Don't waste money on passive + amp combinations unless you have strong opinions on the electronics of different amplifier classes, in which case you probably want to build your own at some point.
Headphones: Sony MDR7506. The end.