Common Sense

“Good investing is really just common sense”  Jim Rogers

“A lot of what you do in investing is just simple common sense” Chris Browne

“It’s not all that complicated.  Common sense and patience make a successful investor”  Ralph Wanger

“Most of all, you need common sense”  Roy Neuberger

"Common sense is left behind when people are bedazzled by a concept" Ralph Wanger

Common sense is the least common commodity” Li Lu

“Successful investing is only common sense. Each system for investing will eventually become obsolete.” Sir John Templeton

“In my opinion, good investing largely is common sense, made somewhat difficult by the behavioural imperfections of man”  Ed Wachenheim

“Organized common (or uncommon) sense — very basic knowledge — is an enormously powerful tool. There are huge dangers with computers. People calculate too much and think too little.”  Charlie Munger

“Just plain common sense is important.  At times we find people who are brilliant but lack common sense”” Seth Klarman

"Part of [having uncommon sense] is being able to tune out folly, as opposed to recognising wisdom.  If you bat away many things, you don't clutter yourself" Charlie Munger

"Part of that [having uncommon sense], I think, is being able to tune out folly, as distinguished from recognizing wisdom. You've got whole categories of things you just bat away so your brain isn't cluttered with them. That way, you're better able to pick up a few sensible things to do." Charles Munger

“We will continue to follow a common sense based approach to investing, holding intellectual honesty and rigorous analysis as the keystones to success”  Allan Mecham

“Much of investing is about reasonability, common sense and judgement” Ed Wachenheim

"In investing one has to sense when the road curves in order to be successful. Such sensing is where anyone with a modicum of common sense can have an advantage over the professional security analysts of Wall Street who time and time again miss the curve in the road as they look in the rearview mirror" Bennett Goodspeed

"[The investor's role] is not that of a prophet but of a businessman seizing clearly evident investment opportunities. He is not trying to be smarter than his fellow investors but simply trying to be less irrational than the mass of speculators who insist on buying after the market advances and selling after it goes down. If the market persists in behaving foolishly, all he seems to need is ordinary common sense in order to exploit its foolishness" Benjamin Graham

"Are there are dangers in getting too caught up in the minutiae of using a computer so that you miss the organised common sense? There are huge dangers. There'll always be huge dangers. People calculate too much and think too little" Charlie Munger