I carried a Leatherman Wave for many years. When I retired, I no longer needed a big heavy thing like that. I ended up with a little Buck 363, 2" blade. It's not high dollar by any means but it does take a decent edge. It's too small for real work but for my use, it does the job. It came as a set with a larger 365. I carry that one when I'm doing things that might require a larger knife. It has a belt clip and slips right into a back pocket. It's easy to forget it's there and it's been through the wash dozens of times. It handles water very well.
363 2"
365 Rival II 3 1/8"