True about some things, but there is a segment of tools where the first or second time you use it ever will be "this tool is garbage" and then you have to buy another one.
It depends on the tool. Personally, I have a ton of Rigid tools. They all work really well. I replace them with Rigid if they break, actually, because my batteries work with Rigid.
But, my table saw is a good table saw, because I want it to be safe, I want it to cut straight, and I want to enjoy using it.
My bandsaw is a good bandsaw b/c I need something that can cut thicker wood sometimes and don't want to deal with blades breaking and popping off a cheap saw.
I recently inherited a much nicer table saw than the second hand Harbor Freight one I had before, and it was quite a revelation how much easier it was to get good results with it and how much safer it feels to use. I'd definitely agree on that one.
The other category where I like to spend more is tools I hate to use. Some things I have specifically for jobs that suck and anything that makes those jobs easier is worth it in my mind. I have a nice drain snake, and the most expensive toilet plunger I could find for this reason.
It depends on the tool. Personally, I have a ton of Rigid tools. They all work really well. I replace them with Rigid if they break, actually, because my batteries work with Rigid.
But, my table saw is a good table saw, because I want it to be safe, I want it to cut straight, and I want to enjoy using it.
My bandsaw is a good bandsaw b/c I need something that can cut thicker wood sometimes and don't want to deal with blades breaking and popping off a cheap saw.