If you can only have one good knife, a chef's knife is an indispensable tool that you can't do without in the kitchen. It performs a wide variety of duties, from chopping to slicing and dicing. The 8-inch Global Hollow Edge Chef's Knife ($105) fits this profile and is great for a variety of cutting chores with it's razor sharp blade and exceptionally light body. Its most important feature is a hollow ground blade design with dimples which creates air pockets that prevents foods from sticking during slicing.