It depends what your risk profile is. There are no absolutes.

Numerous minor updates have screwed up things for me, particularly with some applications I rely on. I will usually lag 2-3 patches behind and wait for other people to suffer first and confirm what I use is stable. I am still on Sonoma / 14.5 at the moment.

Incidentally I actually have a Mac Pro here which is running Monterey which hasn't been patched for about 9 months. The universe has not and will not be imploding any time soon.

Everyone forgets the "availability" bit of security.