The 416 is a nice versatile microphone, but honestly you'll run into problems if you try to use one microphone for all of your location sounds needs. You'll want enough microphones to cover these common needs.
1. Outdoors - Wider shot, closest you can get the mic is maybe 5 feet, maybe more. Need a nice rifle here that will zero in from a distance.
2. Outdoors - closer range. 416 will do you well most of the time. The 4073 would work here too.
3. Indoors - reverberant room - treat the room best you can with blankets. Use a Scheops mk41 or Senheisser hyper. Hypers are going to work better in this situation.
4. Indoors - lav mic - use in addition to a hyper
5. indoors - many people - might need to widen the pattern to pick up lots of back and forth conversation
6. sound effects, ambience - the 416 would work well for collecting individual sounds, a nice Sanken stero mic or something similar to capture ambiences, or setting up your own XY configuration, maybe MS.
Your faced with various sound recording situations every shoot. If you could only go with one mic, maybe it would be the 416. But for getting the best audio, you'll need options. You can always substitute brands. For example where I have a Schoeps listed, maybe you can try the Okatava MK012
hyper. You need to get used to it to see how it performs but it's under $200.