Then according to Pradeep Pitchumani you should start by first picking a good pair of speakers, and then go in for components that work well with the speakers. Not if you take a look at the reasoning behind it.
Speakers are components that receive the boosted signal from the amplifiers and convert it to sound.
The speaker load is extremely variable which means that different speakers will require different amplifier characteristics. Furthermore, speakers introduce the most distortion into the system. Except for very expensive speakers, any decent CD player, interconnect, amplifier, or speaker cable will introduce less distortion than the speakers will. So start by finding the speakers that you like and then find the electronic gadgetry that blends well with the speakers. Make no mistake.