Baracco Bama - Bring Home the Bacon

As 2025 comes to a close, the U.S. stock market continues to display a striking valuation gap between large-cap and small-cap value stocks — a divide that has been widening for years and now sits near historic extremes . 📉📈 Here’s what the latest data shows: Large-cap stocks (like those in the S&P 500) are trading at elevated valuation multiples , with price-to-book (P/B) ratios around 5x in many cases. 💼 Small-cap value stocks , by contrast, remain much more modestly priced — often around 2x book value or less , and in many instances trading at double-digit discounts to intrinsic value. Morningstar data (Nov 2025) estimates roughly 15% below fair value . 🏷️ This unusually wide valuation spread echoes earlier market periods when small-cap value stocks went on to deliver strong relative performance . In fact, academic research from Fama and French shows that small companies and value stocks have historically earned higher long-term returns , thanks to persistent “siz...

   November 2025 will be etched in crypto history. It has proven to be one of the most grueling months the market has seen in years. Bitcoin slipped decisively under the $87,000 mark, leveraged positions were violently washed out across every major exchange, and even robust, established altcoins sustained heavy damage. Yet, my portfolio remains standing. It is intentionally structured to endure: 35% Bitcoin (BTC) 49% Altcoins: (CRO, QNT, NEXO, DOT, STRK) 16% Memecoins: (TRUMP, TOSHI, MOTO) This is not a glamorous allocation, nor is it perfect—but it is resilient . In today's market, resilience has become the single most underrated competitive advantage. The Painful Math of Deviation The financial drawdown is undeniable. The portfolio’s early annualized performance of approximately 24% should have compounded into a massive figure. Instead, the prolonged, brutal downturn of the last few months erased that path entirely. The current slump has created an effective ~72% deviati...

This November review focuses on reinforcing core positions and tightening the strategy ahead of a potentially more constructive 2026. Despite a negative month (7–8% decline) from portfolio highs after the summer, and a few missteps in the last week, I have built and tailored a portfolio for the long run.  No single position exceeds 15%, and exposure spans the U.S., China, Japan, and Canada. Each holding is anchored to durable structural trends rather than short-term momentum.  The recent decline reflects market anxiety, not a deterioration of fundamentals. Valuations are compressed, growth trajectories remain intact, and the outlook for 2026 is constructive. This portfolio is designed for resilience and long-term appreciation — not speculation. 📊 Current Allocation Stock Sector Country Allocation Status Toyota (TM) Automotive / EV Japan 10.0% Core holding Real Brokerage (REAX) Real Estate Tech Canada 9.3% Core holding JD.com (JD) E-commerce China 8.6% Core holding MP Materia...

The Real Brokerage Inc.  (NASDAQ: REAX ) is quietly reshaping the real estate brokerage model through technology. After reporting another strong quarter—53% revenue growth, rising agent adoption, and a clear path toward profitability—the market still seems to be overlooking the story. At $3.46 per share and a $723 million market cap, REAX trades at what appears to be a steep discount for a business growing this fast. Let’s break down the numbers, the model, and why the market hasn’t caught on yet. Sustained Revenue and Transaction Growth REAX’s Q3 2025 results showed continued momentum: Revenue : $568.5 million (+53% YoY) Transactions : 53,512 closed deals (+49%) worth $21.4 billion Gross profit : $44.9 million (+40%) On a trailing twelve-month basis, revenue has reached approximately $1.8 billion , with operating cash flow of $65.7 million through the first nine months of 2025—up from $44.6 million last year. The agent network now exceeds 30,700 , up 5% quarter-over-quarter, wi...