
Allow me to offer a thought exercise to help you consider this card. In case you weren't aware, if you ever can't draw, you take one horror to reshuffle.
Think about what would be different if this card said "discard the BOTTOM 10 cards of your deck." Doesn't feel as bad, does it? Statistically, this is the exact same effect until your 16th card draw, which for most games is very late anyways. Sure, it's a bummer to see your signature card in the discard, but is that actually different than that card being in the last 10 of your deck normally? Where this gets worse: cards that search your deck like Research Librarian or Old Book of Lore. Where this obviously gets better: Scavenging or any of the many discard searches survivors have.
The biggest benefit here other than scavenging items is that of information.