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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0001140361-10-011480.txt : 20100312
<SEC-HEADER>0001140361-10-011480.hdr.sgml : 20100312
<ACCEPTANCE-DATETIME>20100312091624
ACCESSION NUMBER:		0001140361-10-011480
CONFORMED SUBMISSION TYPE:	D/A
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
ITEM INFORMATION:		Section 3(c)(7)
FILED AS OF DATE:		20100312
DATE AS OF CHANGE:		20100312
EFFECTIVENESS DATE:		20100312

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Common Sense Long-Biased, L.P.
		CENTRAL INDEX KEY:			0001031437
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		D/A
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-42519
		FILM NUMBER:		10675947

	BUSINESS ADDRESS:	
		STREET 1:		15350 SW SEQUOIA PARKWAY
		STREET 2:		SUITE 250
		CITY:			PORTLAND
		STATE:			OR
		ZIP:			97224
		BUSINESS PHONE:		503-639-6551

	MAIL ADDRESS:	
		STREET 1:		15350 SW SEQUOIA PARKWAY
		STREET 2:		SUITE 250
		CITY:			PORTLAND
		STATE:			OR
		ZIP:			97224

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	COMMON SENSE INVESTORS LP
		DATE OF NAME CHANGE:	19970124
</SEC-HEADER>
<DOCUMENT>
<TYPE>D/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0603</schemaVersion>

    <submissionType>D/A</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001031437</cik>
        <entityName>Common Sense Long-Biased, L.P.</entityName>
        <issuerAddress>
            <street1>15350 SW SEQUOIA PARKWAY</street1>
            <street2>SUITE 250</street2>
            <city>PORTLAND</city>
            <stateOrCountry>OR</stateOrCountry>
            <zipCode>97224</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>503-639-6551</issuerPhoneNumber>
        <jurisdictionOfInc>DELAWARE</jurisdictionOfInc>
        <issuerPreviousNameList>
            <previousName>Common Sense Investors LP</previousName>
        </issuerPreviousNameList>
        <edgarPreviousNameList>
            <previousName>COMMON SENSE INVESTORS LP</previousName>
        </edgarPreviousNameList>
        <entityType>Limited Partnership</entityType>
        <yearOfInc>
            <overFiveYears>true</overFiveYears>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>n/a</firstName>
                <middleName>n/a</middleName>
                <lastName>Common Sense Investment Management, LLC</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>15350 SW Sequoia Parkway</street1>
                <street2>Suite 250</street2>
                <city>Portland</city>
                <stateOrCountry>OR</stateOrCountry>
                <zipCode>97224</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>General Partner of the Issuer</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>James</firstName>
                <middleName>A.</middleName>
                <lastName>Bisenius</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Common Sense Investment Management LLC</street1>
                <street2>15350 SW Sequoia Parkway, Suite 250</street2>
                <city>Portland</city>
                <stateOrCountry>OR</stateOrCountry>
                <zipCode>97224</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Mr. Bisenius is CEO of the Issuer's General Partner</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Dean</firstName>
                <middleName>n/a</middleName>
                <lastName>Derrah</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Common Sense Investment Management LLC</street1>
                <street2>15350 SW Sequoia Parkway, Suite 250</street2>
                <city>Portland</city>
                <stateOrCountry>OR</stateOrCountry>
                <zipCode>97224</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Mr. Derrah is President of the Issuer's General Partner</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Thomas</firstName>
                <middleName>P.</middleName>
                <lastName>Harbolt</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Common Sense Investment Management LLC</street1>
                <street2>15350 SW Sequoia Parkway, Suite 250</street2>
                <city>Portland</city>
                <stateOrCountry>OR</stateOrCountry>
                <zipCode>97224</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Mr. Harbolt is COO and CFO of the Issuer's General Partner</relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Pooled Investment Fund</industryGroupType>
            <investmentFundInfo>
                <investmentFundType>Hedge Fund</investmentFundType>
                <is40Act>false</is40Act>
            </investmentFundInfo>
        </industryGroup>
        <issuerSize>
            <aggregateNetAssetValueRange>Decline to Disclose</aggregateNetAssetValueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
            <item>3C.7</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>true</isAmendment>
                <previousAccessionNumber>9999999997-09-012952</previousAccessionNumber>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>1997-01-01</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>true</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isPooledInvestmentFundType>true</isPooledInvestmentFundType>
            <isOtherType>true</isOtherType>
            <descriptionOfOtherType>Limited partnership interests.  The minimum investment reflected in Item 11 may be waived.</descriptionOfOtherType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>1000000</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>Indefinite</totalOfferingAmount>
            <totalAmountSold>2088380676</totalAmountSold>
            <totalRemaining>Indefinite</totalRemaining>
            <clarificationOfResponse>The amounts sold and number of purchasers reported on this Form D do not take redemptions and/or withdrawals into consideration.</clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>380</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
                <isEstimate>true</isEstimate>
            </grossProceedsUsed>
            <clarificationOfResponse>Certain persons named in Item 3 or affiliate(s) thereof may receive payments deemed to be made from the proceeds of the offering, including management fees and/or incentive allocations.  The amounts of such payments cannot be estimated at this time.</clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>Common Sense Long-Biased, L.P.</issuerName>
                <signatureName>/s/ Thomas P. Harbolt</signatureName>
                <nameOfSigner>Thomas P. Harbolt</nameOfSigner>
                <signatureTitle>Director</signatureTitle>
                <signatureDate>2010-03-08</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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