Common Sense

“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

“Good investing is really just common sense”  Jim Rogers

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

“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

“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

"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

“If you are honest, hardworking, reasonably intelligent and have good common sense, you can do well in the investment field as long as you are not too greedy and don’t get too emotional when things go against you” Walter Schloss

“I believe the greatest risk control is common sense, but people fall into the habit of sleeping well at night because the computer says they should. They ignore common sense, a mistake I see repeated over and over in the investment world.” Mark Sellers

“It takes courage, it takes open-mindedness. I would say don’t get too narrow, I don’t believe it’s the most precise quantitative and modelling skills that will govern your success. It is common sense, logic, the ability to actually think for yourself and actually survive mentally when you think either you’re out of your mind – all by yourself - or the whole world is crazy and you’re saying how can that possibly be." Paul Singer