I'm in the same camp. I consider myself an audiophile, but spend most of my time reading things and laughing at "them". There's definitely a fair bit of critical thinking required when you're investigating audio gear for personal use. That said, a proper DAC/Amp stack and a good set of headphones are well worth the investment, it's just that you are strongly into the diminishing returns area once you spend more than about $1k all-in on the entire setup.
The thing is, I think of it like I do many of my "hobbies" which are really just about improving my actual quality of experience/quality of life in the things I do every day. I am typing this comment on a custom-built $900 mechanical keyboard, and just got off a conference call where I was speaking into $1k worth of microphone gear, with a $3k camera setup pointed at me, and listening to the other person through $2k worth of audio output gear (headphones + DAC/Amp stack). To the casual observer that's utterly ridiculous and I've wasted all this money for nothing. On the other hand, I spend 8+ hours a day wearing those headphones, on meetings, and typing, anything that even marginally improves the quality of my experience doing the things I do for 8+ hours every day and intend to do for most of the remainder of my life, means that I am improving my overall quality of life in a meaningful way.
I do this for the exact same reason I spent big on my chair, desk, lighting, and my bed. Between my home office and my bedroom, I spend 75% or more of my entire life (roughly 18 out of every 24 hours) in those two places until I retire. It is absolutely worthwhile for people who spend a lot of time listening to audio to optimize the way they listen to audio. You just have to really keep your critical thinking hat on, though, because the market is full of snake oil.
The thing is, I think of it like I do many of my "hobbies" which are really just about improving my actual quality of experience/quality of life in the things I do every day. I am typing this comment on a custom-built $900 mechanical keyboard, and just got off a conference call where I was speaking into $1k worth of microphone gear, with a $3k camera setup pointed at me, and listening to the other person through $2k worth of audio output gear (headphones + DAC/Amp stack). To the casual observer that's utterly ridiculous and I've wasted all this money for nothing. On the other hand, I spend 8+ hours a day wearing those headphones, on meetings, and typing, anything that even marginally improves the quality of my experience doing the things I do for 8+ hours every day and intend to do for most of the remainder of my life, means that I am improving my overall quality of life in a meaningful way.
I do this for the exact same reason I spent big on my chair, desk, lighting, and my bed. Between my home office and my bedroom, I spend 75% or more of my entire life (roughly 18 out of every 24 hours) in those two places until I retire. It is absolutely worthwhile for people who spend a lot of time listening to audio to optimize the way they listen to audio. You just have to really keep your critical thinking hat on, though, because the market is full of snake oil.