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Oprah's black suit

2. DON'T BUY YOUR FAVORITES OVER AND OVER AND OVER

Oprah: "This suit, I don't know why I have it. I've never even worn it. But when my favorite designer, Gianfranco Ferré, was alive, I never went to Los Angeles or New York without going to his store."

Adam Says: "There is absolutely nothing wrong with having a go-to brand or ensemble. But if you're buying multiples of things, ask yourself: "How many black pants or little gray sweaters do I really need?" Invest in a few high-quality pieces; better craftsmanship and fabrics always last longer."

From the March 2010 issue of O, The Oprah Magazine
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