I have been lost/turned around so many times it would take me weeks to tell you all the stories[&:]. I have never had to stay in the woods overnight or thought about losing the clothes though
One time while duck hunting a slough in the evening, heavy fog rolled in when I was picking up me dekes and I had to navigate out due west to the truck(being duck season and flat land I never even had a compass). To make this story short I walked south, then east, then west, then south, then north and finally found my truck at 10:00 pm, hunting ended at 6:30pm. Completely screwed up, even when I was going north I stopped a few times and looked south...weird. Guess what I now have a compass on me at all times

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It happens to us all but I have always entered the woods with the possibilty I may not come out until the next day. I pack my compass & GPS but as well a flashlight, firestarter, lighter, extra gloves, snacks, TP & H20. Like a boyscout always be prepared.