First, let's define "good taste" very specifically. Let's define good taste as something that appeals to both your current self and your future self. This may be ten years or longer for casual clothes, and often just five years (although still, hopefully longer) for business clothes.
There are two possible strategies for buying clothes (with obviously some overlap and going back and forth):
- One can apply a good taste strategy, maintaining a stable collection of clothes, replacing items as necessary. This model allows for an amortization of costs over time. Some characteristics from both the supply and demand side are on the left side of the chart.
- Or, one can apply a high style and fashion approach. Here, one is constantly replacing almost entire wardrobes every two or three years, and perhaps more often (see right side of chart). This is environmentally problematic, despite being used by some of the people who have self-identified as being very environmentally focused.