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The Man Who Found Forrest Fenn's Treasure

outsideonline.com

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Re: The Man Who Found Forrest Fenn's Treasure

#41

Post by tromp »

thatguy0900 wrote: post #33
tromp wrote: post #23

Earlier quoted context omitted.

> If I then factored the resulting number, these people would then tweak the formula again and insist that they had fixed it. Along with each successive refutation, you should require them to include a cheque for double the last amount with their next fix, starting with a reasonable $25.

If people weren't upset at being refuted before they definetely would when they paid 25$+ for it, no way that would be worth the headache

It would make them think twice about using the reviewer as a cheap refutation engine. Perhaps even make them try to refute themselves. Which would be a win for everybody.

Re: The Man Who Found Forrest Fenn's Treasure

#43

Post by nikhizzle »

nl wrote: post #30

> With that in mind, he has decided to leave the profession before becoming a practicing doctor, and may move into equities investing next. Prediction: this is going to end badly.

Perhaps, one thing I've noticed spending time around professional investors is that the best long term ones I come into contact with spend most of their time exploring first hand knowledge, whether this is via conversations or reading the public documents a company publishes.

I think they very rarely rely on secondary sources, which is very similar to his approach in finding the treasure. A few examples:

- An investor who is considered one of the best technology public equity investors in history. He and his team focus on the quarterly conference calls and spend a very intensive amount of time focussing on what the executives say.

- An investor who gotten about 100x return on his mid-stage tech investments over the last 3 years. He spends his time in conversation with contacts who have first hand knowledge of the economy and growing businesses.

- An investor who was a former parter at Goldman Sachs, and retired early to invest in public equities. He spends all day looking at the balance sheets of companies.

Re: The Man Who Found Forrest Fenn's Treasure

#44

Post by nickthegreek »

m0ngr31 wrote: post #15

I've posted this before, but I thought myself GIS to help find the treasure and wrote a webapp to narrow down the search area ( https://intothefor.rest ) I personally believe the main reason the finder won't release the location is because he found it on federal land (probably Yellowstone). But hopefully some day we'll know closer than just "Wyoming".

I was thinking that it was might of been on private land and if the location was known, the land owner would have a claim to the treasure.

Re: The Man Who Found Forrest Fenn's Treasure

#46

Post by mannykannot »

dkarp wrote: post #25
gamblor956 wrote: post #18

Earlier quoted context omitted.

It's a horrible story. Some rich idiot put a treasure box on public lands, resulting in significant amounts of damage to national parks and monuments and several deaths. It was ruined from the beginning and it's a damn shame Fenn is no longer around to be prosecuted for it.

I have to agree. It's an allegory of greed. The "Monolith" gives me similar vibes.

I just can't see where there is a greed angle to the monolith events.

Re: The Man Who Found Forrest Fenn's Treasure

#48

Post by 8bitsrule »

gamblor956 wrote: post #18
gumby wrote: post #2

What a great story and what a shame that people try to ruin it. I wold have been glad for the finder if he had managed to stay anonymous.

It's a horrible story. Some rich idiot put a treasure box on public lands, resulting in significant amounts of damage to national parks and monuments and several deaths. It was ruined from the beginning and it's a damn shame Fenn is no longer around to be prosecuted for it.

Out of hundreds of thousands of treasure-hunters, over a decade, four or five people are said to have died while looking.

On average, 38 skiers and snowboarders die in the US each year ... 1600 go missing in wilderness areas ... 5000 die riding motorcycles. Treasure-hunting looks pretty safe. Feel free to hide in your home.

Re: The Man Who Found Forrest Fenn's Treasure

#49

Post by fnord77 »

schoen wrote: post #13
hiimtroymclure wrote: post #4

America: The Land of Litigation

I had this funny feeling reading this, like "I've met these people before". Not literally the individual litigants or sore losers here, but people kind of like them. Then I remembered -- as I've mentioned a number of times here (including recently on the thread about the Great Internet Mersenne Prime Search), I used to respond to https://www.eff.org/awards/coop e-mail. This is an award where EFF will give out monetar…

the anger, the entitlement, etc. - these people are narcissists. They'll never see the error in their ways.

Re: The Man Who Found Forrest Fenn's Treasure

#50

Post by buran77 »

gregable wrote: post #5
gumby wrote: post #2

What a great story and what a shame that people try to ruin it. I wold have been glad for the finder if he had managed to stay anonymous.

Totally agreed. The spirit of the whole thing seemed about adventure, exploration, and fun. Unfortunately the reality of the finder seems to be a far different set of stress which I hope he eventually is able to escape from.

It should be the right of the finder to stay anonymous but the cat's out of the bag now.

But this I don't understand though:

> and they both seemed to agree that the location of the find should be kept secret

In the interest of transparency after the fact I see no problem with telling people where the treasure actually was. This gives people closure especially to the ones who suffered or the families of the ones who died hunting for it, lets them verify that the instructions they went on were indeed valid, and puts to rest other suspicions people may have.

Under these conditions a judge has nothing to go on if they want to dismiss a lawsuit claiming the finder cheated in any way. There are no details on how this happened, the initiator of the treasure hunt passed away so there's nothing stopping anyone from taking this to court. Transparency is there specifically to preempt claims like this.

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