I believe that quote is Muhammad Ali.
I know this thread goes back a ways but for what its worth, I buy knives the way I buy bourbon.
First, I try to familiarize myself with a bunch of different brands, and from low cost to high. Along the way, I toss obvious losers and hold on to winners.
Then I rank the winners and organize according to cost. Obviously, while I might love Pappy Van Winkle, I'm not ready to shell out $1500. for a bottle
every time I want a sip. So I find my everyday bourbon. Might be Old Forester 1920 or Elijah Craig barrel proof. Now I can drink with the knowledge that I won't go broke
feeding my bourbon habit. There are some great deals out there with some coming very close to the Holy Grail bourbons that I referred to earlier. Some are really good and so
cheap that it's hard to believe, like Old Grand Dad 100pf. For less than 20 bucks, a great bottle of bourbon. Same goes for knives. I am still a novice, still working my way through a field of very low cost knives but already, I have learned some important lessons. I have been lured to buy knives that are real 'purty' but are poorly made. All form and no function. Cherokee Stoneworks and Frost cutlery are in this group. I have found some knives in the 60-100 range that are excellent but still somewhat pricey. The Buck 547 open season folder falls into this category and I found a bunch for sale at DLT for 60 bucks with leather sheaths. I bought them all. These are premium knives with S30V blades, real walnut handles and a beautiful design ethos. Then I discovered Elk Ridge knives. I stumbled on the ER-519 for $15 and bought one. Somewhat similar to the Buck 547, it is has maple burl scales, a 440C mirror polished blade and a knockout design. Liner lock, opens smoothly and locks securely with no blade wiggle. There is an attractive laser cut out of an elk head on the blade as well. Most impressive, it came with a razor-sharp blade that surpassed most of the other knives in my growing collection. Now understand, while I have embarked on this journey to find the best really cheap EDC, I have also collected good quality knives and have a nice collection of knives that sell for $500-1500 so I know a good knife and these knives are impressive. I haven't checked out other Elk Ridge knives but if this one is representative, well, it's a hell of a knife.