Why do folks spend more on electronics than on speakers?

Electronics 60%

Speakers 40%

Reasonable allocation of funds giving priority to speakers considering the vast amount of electronics in my separates system that features both digital and analog ends.

Not me.
My Integrated cost $6000, might change this year.

And my Speakers cost $20.000

JD

In my case, I bought my speakers first. I wound up buying Magnepan’s 1.7i, as that was the best speaker I could find within my budget at the time. I wound up replacing my preamp with a BAT VK-30SE (used obviously) and it was a significant improvement over the Emotiva XSP-1 Gen 2 I bought as a temporary preamp when my PS Audio 5.0 preamp died. After that, I sold my PS Audio S300 (also bought as a temporary solution when my Bryston 3B died) and bought a Bryston 4B SST2. Also a significant improvement over the PS Audio unit.

Going by original MSRP of the gear (I did buy mine used), my amplification to speaker ratio is aproximately 80/20, much higher than that if I had bought equivalent new amplification at today’s prices.

Other things I’ve done to the system such as improved tonearms, cartridges, phono preamp, turntable drive systems have been readily audible and the 1.7i speakers have kept up with all changes to the point that I’m really enjoying the system and not not second guessing my choice of speakers at all.

Because we are dumb! 

By far the biggest deviation from the (whatever it is) ideal signal chain is caused by the speakers (and the room). Logic dictates that this is where the best bang/buck can be achived (not that more $$$ automatically results in better results). 

On the other hand: any reduction in loss/error is a GAIN. So we are striving to make improvments in ALL sections of the signal path. But if someone comes to me with $2,000 in hand and tells me to put together a system for him/her, I would NOT spend $1000 for an amplifier and $200 for cables. 

I bought my speakers first. I wound up buying Magnepan’s 1.7i, as that was the best speaker I could find within my budget at the time.

very wise...👍

these are a wonderful example of a sub-$3000 speaker, that can and will keep sounding better and better if the gear feeding them are 10-20-30 grand... it is absolutely superb and it absolutely (and not subtly) lets better and better inputs shine through

need careful setup though, but done right, they put speakers many times their cost to shame