I used to try and avoid the shitty products and "buy it for life". The trouble is it's often difficult to know the quality until you have lived with something for a while, even price doesn't give you a good idea. Sometimes cheap will last a long time or I might buy $1 bike lights because I don't want to worry about them being stolen.

So now I'll start with shitty and if that fails then next time I'll spend a bit more.

By the way I think the word you were looking for is conspiratorialist: https://en.oxforddictionaries.com/definition/conspiratoriali...