I'm with the others. If I had to live with only one all-in-one emusifier, some flavor of BTMS or generic conditioning emulsifier would be my pick.
The only issues that slightly complicate this question --
BTMS is a cationic ingredient. If you use BTMS to emulsify anionic ingredients, you might get emulsion failure or other troubles. For example, if you want to make an emulsified all-in-one shampoo, BTMS woud be a bad choice to use given that some of the more common surfactants are anionic. E-wax or other non-ionic or anionic emulsifier would be a better pick.
Another issue is the "soaping effect" where a lotion turns white and pasty at first when it's rubbed on the skin. BTMS can cause this, but emulsifiers like e-wax do not.
BTMS can have a fishy odor that some people find objectionable. I have caught a whiff from time to time when making a lotion, but I don't smell it in the finished product, so this has not been an issue for me.
For the type of lotions, scrubs, hair conditioner, and other products I usually make, I like BTMS the best. It's reliable and not fussy to use. It gives a nice feel on the skin, and a good conditioning effect on the hair.