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The World’s Worst Investment

The Economics of Treasure Hunting with Real-Life Comparisons

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Maritime Archaeology

Part of the book series: The Springer Series in Underwater Archaeology ((SSUA))

Abstract

The cost of undersea treasure hunts is double that of projects carried out by competent scientists. Only 1 in 20 salvage companies has any chance of making money. However, there is a way for investors to profit from shipwrecks.

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© 1998 Springer Science+Business Media New York

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Throckmorton, P. (1998). The World’s Worst Investment. In: Babits, L.E., Van Tilburg, H. (eds) Maritime Archaeology. The Springer Series in Underwater Archaeology. Springer, Boston, MA. https://doi.org/10.1007/978-1-4899-0084-5_9

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  • DOI: https://doi.org/10.1007/978-1-4899-0084-5_9

  • Publisher Name: Springer, Boston, MA

  • Print ISBN: 978-0-306-45331-1

  • Online ISBN: 978-1-4899-0084-5

  • eBook Packages: Springer Book Archive

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