Passive cooling fins are quite different from what you guys are envisioning. For the most part, a passive heatsink cools by conduction/convection to air and radiation to things.
1. Heat air. The air is then at the flashlight temperature and cannot absorb more heat, until... that air rises away, drawing in cooler air. This requires open air, much like a tailstand on a tabletop. Conventional design includes stubby fins with the vanes pointed 'up' in normal orientation. Unconventional design would be a hyperboloid tower.
2. Radiation. Radiation cools directly to surrounding surfaces, and is mostly based on (Tlight - T(walls, floor, ceiling, sky)). Fins DO NOT help with radiation, except to increase the diameter of the radiator. Radiating is, well, radial. Fins sticking out face each other and cannot radiate to each other, so radiating heat is best done by a few long vanes. Conventional design includes high-emissivity coatings (Black anodize, copper, etc), 'bold' cooling features (Big cooling ribs, etc). Unconventional design would be to attach a matte-black half-inch-thick plate to a flashlight's heat rejection.
Passive cooling without the help of a hand is limited by heat rejection. This is mostly improved by:
More conduction to air (Higher surface temperature)
More radiation to air (Higher emissivity)
More conduction to non-air things (Hand, water, fans)