Comment by Ádám Zovits (adam-zovits) on Evaluability (And Cheap Holiday Shopping) · 2021-09-15T10:32:04.921Z · LW · GW

It's also worth to note that while the recipient of a 1000$ watch will probably mention it in their will, the recipient of a 1000$ car will mention you in not-so-kind words whenever it breaks down. The same with the expensive scarf and coat: the scarf is likely warm, soft, stylish and durable, since it is an expensive one, while the coat is likely the opposite, thereby representing a far lower value than its price would suggest.