Treasure Hunting Is the World's Worst Investment
Here's our advice if you ever consider an investment in a treasure-hunting venture: Don't waste your time.
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Dreams of undersea riches make treasure hunting a seductive investment. As professional underwater archaeologists, we don’t normally comment on the commercial salvage of historical shipwrecks. But in this case, our expert opinion is: Don’t waste your money.
The fact is, no major treasure-hunting venture has ever been profitable for investors, according to a series of academic studies. And from an archaeological point of view, there are compelling scientific and legal reasons that investments in treasure hunting won’t pay off.