I actually started doing this about a year ago and it was the best thing I've ever done for me mentally. I purchased 12 of the same shirts, three pairs of the same jeans and two pairs of the same shoes.
I found that, not only am I not worrying about what to wear in the mornings and focusing more on important problems, I'm more confident around others. I forgot how influenced our wardrobe choices are by our peers. I used to dress while dwelling in the future, which is a recipe for anxiety. Now, I put on the same thing every morning, on autopilot, and think about a problem I'm trying to solve.
It's really working great for me.