As this construction was new to me, I wanted to see it. Here are two random examples. The green points are centroids of the triples of points. <hr /> <img src="http://cs.smith.edu/~orourke/MathOverflow/FivePointsr34.jpg" /> <hr /> Concerning the question, "Can the circle be generalized to any conic?": certainly not straightforwardly. <hr /> ![FivePointsEllipse][1] <hr /> [1]: https://i.sstatic.net/K2ZCB.jpg