That's a lot of unlikely ifs. And that also assumes my algo is easy to reverse from 2 digests. My counter to that is that it is unlikely anyone would specifically target me and waste resources trying to crack my algorithm when there is so much low hanging fruit elsewhere. If I am specifically being targeted, I've probably already lost, even if I use a PW manager.

Compare to PW managers: "If your password db and master password get leaked, attached to the same email, then you lost all your accounts." Also with PW manager, losing your phone can mean Denial-of-Service to all of your accounts if you are i.e. travelling.