There is also the concept of "good enough". More money might buy better performance technically speaking, but do you need it? Is it worth the increased cost?

What do I have in my pack as my "knife for the wilderness"? Try guessing. Is it some custom made high-end steel thing? Or is it a Mora? I can buy dozens of Moras for the cost of one of the high-end knives. Is the high-end one any better FOR MY NEEDS? Nope, not a bit.

So that I am being totally honest, I recently DID buy a knife that cost more than a Mora. It is a "better" knife (depending on your view). A SOG Field Pup. But I had to put out a whopping $19.95 (on sale!) to aquire that (arguably) better SOG. But my point still holds. I didn't spend multi-hundreds of dollars to get an "even better" knife than the SOG. No need to. The saying "You get what you pay for" only goes so far, before you start looking like a fool for paying so much.