Warren Buffett Turned $1 Into $60,000 Over 60 Years

Warren Buffett retires in two days.

No wonder this chart reached nearly 3 million views.

In 1965, you had a simple choice.

Put $1 with Warren Buffett,
or put it into everything else.

Fast forward to 26th december 2025:

From 1965–2025, Berkshire Hathaway compounded at ~20% annually, nearly double the market’s long-term return.

No leverage.
No macro forecasts.
No reinvention.

Behind the AI boom is a dangerous financial loop—one where very little real cash actually changes hands.

According to Bloomberg, the AI ecosystem is increasingly circular.

Nvidia invests in OpenAI.

OpenAI signs massive cloud contracts with Oracle.

Oracle spends tens of billions on Nvidia chips.

AMD supplies billions in GPUs.

Intel is now entering the same loop.

On the surface, revenues explode.

Under the hood, much of this growth is accounting-driven, not cash-driven.

These companies are effectively funding each other’s demand, recycling capital through contracts, equity stakes, and long-term commitments.

When real end-user cash is limited, valuations rise faster than true free cash flow.

This is how bubbles form.

Not through fraud—but through feedback loops that look like growth.

We’ve seen this movie before.

The man who called the 2008 crash shut down Scion Asset Management.

Despite his legendary status, Burry’s long-term performance hasn’t kept up with the broader market.

Since 2017, the S&P 500 gained roughly 299%, while Scion delivered around 240% — respectable, but not enough to beat a simple index.

In November, Burry officially announced he’s liquidating the firm.

Below are his final words.

“With a heavy heart, I will liquidate the funds and return capital — but for a small audit/tax holdback — by year’s end.

My estimation of value in securities is not now, and has not been for some time, in sync with the markets.

With heartfelt thanks, but also with apologies, I wish you well in your future investments.

I do suggest investors contact my associate PM Phil Clifton regarding his coming endeavors. He can be reached at [email protected] and at (240) 447-6688.

Phil is a tremendous young talent in the field of investment — and the most prodigious thinker I have ever encountered.

Sincerely, Michael Burry Portfolio Manager

Game over for the old economic playbook.

For the first time on record, U.S. job openings are collapsing while the S&P 500 hits new all-time highs.

Since 2022, the labor market has quietly rolled over.
At the same time, equities have ripped higher.

The timing isn’t random.

The release of ChatGPT in late 2022 marked a turning point. Productivity accelerated. Automation expanded. Output rose — without hiring. Capital benefited. Labor didn’t.

Historically, this divergence never lasts.

Either:

Markets appear to be pricing a future where AI boosts margins while human demand stagnates.

That future is great for shareholders.
It’s far less friendly for workers.

And history says the gap between Wall Street and Main Street always closes — one way or another.

Every tech bubble follows the same script.

First comes a real breakthrough.

Then capital floods in too fast.

Valuations detach from cash flow.

The crash wipes out excess.

And what survives changes the world.

We’ve seen it four times:

• Railroads (1800s): speculation, fraud, bankruptcies → permanent national transport

• Electricity (1920s): overinvestment → Depression-era collapse → modern power grids

• PC Revolution (1980s): startup explosion → price wars → dominant enterprise tech giants

• Internet (1990s): massive telecom spending → Nasdaq -78% → backbone of the modern web

The finding is uncomfortable but consistent:

Crashes clear excess.

Infrastructure remains.

A few winners emerge stronger than ever.

Since our September launch, over 10 million people have seen our work. That still blows our minds.

In that time, we’ve made 25 improvements—about one every week—all inspired by your feedback, messages, and support.

Thank you for being here, reading along, and cheering us on. We’re incredibly grateful.

Bor Gorjup,
Founder & CEO