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Learning from Turing’s silver hoard (2016)

reuters.com

41–49 of 49 posts

Re: Learning from Turing’s silver hoard (2016)

#41
post #35

Earlier quoted context omitted.

Can you elaborate this more? I know about continental drifts and I know they occur at a scale much larger than a tiny box. Does it have any effect on the small scale a tiny box would be buried in if we are not burying the box near fault lines?

Australia is clipping along at 2.7”/year (about 1/16 of a meter). That doesn’t seem like much, but in a few decades your hole is going to need to be pretty big.

IANAGeologist, but couldnt you calculate and compensate for that? Its not like continental drift is random and unpredictable (afaik, i know nothing of this subject)

Re: Learning from Turing’s silver hoard (2016)

#43
post #7

Earlier quoted context omitted.

That's not as accurate as you think unless you've got a full geodetic antenna. (i.e. $200k worth of equipment + a lot of permits to be allowed to have/use it) Getting to within +/- 30m doesn't help a ton when you're digging a hole to find a small box. With geocaching, you've got something to look for. You get close-ish and then do an easter egg hunt. When it's beneath the ground, it's really hard to "look". Finding e…

Doesn't modern GPS claim +/- 3 meters, with a clear enough signal? (Which is still a heckuva lot of dirt to shift.)

When you narrowed it down that much you might be able to use a metal detector or similar.

Re: Learning from Turing’s silver hoard (2016)

#44
post #41
post #35

Earlier quoted context omitted.

Australia is clipping along at 2.7”/year (about 1/16 of a meter). That doesn’t seem like much, but in a few decades your hole is going to need to be pretty big.

IANAGeologist, but couldnt you calculate and compensate for that? Its not like continental drift is random and unpredictable (afaik, i know nothing of this subject)

Oh sure, but I know I'd get around to thinking of it after I'd moved a couple tons of dirt with a spade.

Re: Learning from Turing’s silver hoard (2016)

#47
post #30
post #6

Earlier quoted context omitted.

The story asserts the landmarks changed, but can't you pick landmarks that won't change? Better yet, use GPS and grab the Lat/Long.

You bury something and it's outside, there's no climate control, some random metal detectorist might find your thing, maybe someone will have spotted you finishing burying the thing, no saying. Just rent a storage unit or safety deposit box. Locks are better than dirt for protecting things.

Safe deposit boxes are just awful.

https://www.nytimes.com/2019/07/19/business/safe-deposit-box...

Re: Learning from Turing’s silver hoard (2016)

#48
post #30

Earlier quoted context omitted.

You bury something and it's outside, there's no climate control, some random metal detectorist might find your thing, maybe someone will have spotted you finishing burying the thing, no saying. Just rent a storage unit or safety deposit box. Locks are better than dirt for protecting things.

Safe deposit boxes are just awful. https://www.nytimes.com/2019/07/19/business/safe-deposit-box...

Interesting. Still better than dirt, though.

Re: Learning from Turing’s silver hoard (2016)

#49
post #40

This is a terrible analysis. Neither of the investing mistakes he supposedly made are applicable to his case. Nor was his method "intended to wring the last cent of profit out of a good trade over capitalizing more safely on his market prediction". He feared seizure! Losing a large proportion or all of your capital is not "the last cent".

I agree. Interesting anecdote followed by simply moronic commentary tacked on to the end. And no, diversification is not a 'free lunch'.
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