12-Team Mixed NFBC Draft Recap: March 27, 2026

League Background

This is a 12-team mixed NFBC draft. The roster consists of 14 hitters, nine pitchers and seven bench players. You set your pitchers once a week; hitters are set twice a week; waivers occur once a week.

I had the 4th pick. This analysis was written on March 28, 2026 and I realized I never posted the article.

My Team

Player Analysis

Julio Rodriguez was my clear 4th pick. It feels like he’s 28-29 years old but he’s still only 25 years old and this is easily the best offensive supporting cast he’s ever had. For his entire career he has started off slow in the first half and ramped up production in the second half. What if he puts it all together?

I normally do not take pitching in the second round but the pitchers after Christopher Sanchez had too many flags. Sanchez’s velo ticked up last year and the velo was the same in Spring Training. After the top 3 starters Sanchez was the clear #4 starter because of the elite command and the very good health grade.

Edwin Diaz was selected because he was the best closer available. My plan was to take a closer at this pick and catchers in the next two rounds.

William Contreras was my #2 catcher. I think his “down” year last year was due to fractured middle finger that he played through.

Shea Langeliers was my #3 catcher. This is a guy who has gotten better every year for the 3 years. Also, he plays in the best hitters home ballpark.

I think Jackson Merrill’s true talent is more like the 2024 season rather than the 2025. Could he steal 20 bases? Yes. However, I only projected 14.

Originally I wanted to take Dylan Cease here but he was taken. I decided to pivot and take Daniel Palencia, the last closer I considered safe. By safe I mean he is good enough to keep his job all year because he has the true talent and there’s no one else really pushing to take his job. (I actually prepared for not taking Cease and my plan was to target MacKenzie Gore late; obviously Gore isn’t as good as Cease but he can be really good if he’s paired with low WHIP pitchers).

I think a change of scenery will do wonders for Luis Robert. He had a MVP fantasy season in 2023 but if you average out his last two seasons he’s hit 14 home runs and 28 stolen bases in about 105 games. If he can play 140 games I can see a 20/40 season.

I considered Jose Altuve to be a low upside, high floor player. Originally I was going to take Brandon Lowe later in the draft but not getting Cease meant I had to reorder my picks. I projected Altuve for a 20/10 season with a .269 batting average.

Willy Adames should bounce back. I’m weary of taking players in the first year after signing a big contract. Even with a down year he had a 108 WRC+. He will also hit behind Rafeal Devers all year. I think Adames hits .240 with 25-30 homers and 10 stolen bases.

I was a big believer in Ryan Pepiot last year and I’m still a big believer. I think the Market is undercounting how much he should see an improvement no longer playing in a triple-a bam box as a home ballpark.

Shota Imanaga’s velo was up in the Spring. He won’t be as good as he was in 2024 and he’s a two-pitch pitcher to both sides of the plate, but he has a career WHIP of 1.01 and he pairs well with Gore. His velo was down in 2025 but how much of it was due to his hamstring injury? His velo was up in the Spring so I’m banking on a return to form; also, he only signed for one-year.

Like I mentioned earlier; I was targeting MacKenzie Gore to get high strikeouts with a questionable WHIP. Gore struggled a lot in the second half of the season. How much of a factor did the decline in fastball velocity have? According to his latest velo numbers he’s sitting at 96 mph, the same velocity he had at the start of 2025.

Jake Burger got unlucky with the HR/FB rate last year. If he can play 150 games there is a high probability he hits 30 home runs with a .245-.250 batting average. Best of all there’s no one really pushing to take his job and he’s going to hit 4th with Corey Seager and Wyatt Langford ahead of him.

Munetaka Murakami has a TON of swing and miss but he should play every day and also gain first base eligibility in two weeks. I projected a .220 batting average with 30 home runs.

Caleb Durbin should hit .250-.260 with a lot of hits off the Green Monster with 30 stolen bases.

Aaron Nola was hugely mispriced by the Market. I get it; his yearly performances vary greatly and you never know which version you’re going to get. Also, he had two injuries that effected his performance. However, Nola is my #5 starter and I’m not relying on him to be my pseudo ace. What I am going to do is start him when he’s healthy (other than Colorado) because he’s a tinkerer and when he has a blow up start it’s more likely due to that.

Ezequiel Tovar may not have the best plate discipline but he’s a really good defender and makes a lot of hard contact. In 2024 he hit .269 with 26 home runs but last year he had two injuries (oblique and hip). If he can stay fully healthy 20/10 could be his floor.

After a great 2024 season Colton Cowser suffered three injures last season; thumb fracture, concussion and rib fracture. He probably gets platooned, but I think 20-25 home runs with 10-15 stolen bases is very reasonable if he plays in 130 games. If the Orioles get any injuries I think his defense is good enough where he plays against lefties.

Josh Lowe has a career 41 WRC+ versus lefties so he should be platooned but if he plays in 125ish games I think his floor is a 20/20 season.

The plan with Mickey Moniak is primarily to start him only at home and hopefully he gives me a run rate of 20 homers and 10 stolen bases.

At the draft Lourdes Gurriel Jr. looked like he would return quicker than expected from his injury. The Diamondbacks need offense and Gurriel plays the majority of games at DH. The biggest question is how stolen bases he gets. He tore his ACL last September. I can see an outcome where he only steals 1-2 bases. He’s a career .274 hitter and if he played in 145 games I think 18-22 home runs is reasonable.

Mick Abel has shown to be a very good pitcher in the minors; he has very good command of three pitches. He did not look very good in a small sample size in the Majors last year but he looked great in Spring and won the #5 starter job from Zebby Matthews.

Dustin May’s velo was up during Spring.

Josh Smith will have eligibility to all four infield spots in two weeks.

Tanner Scott is my Edwin Diaz backup plan. I’ll closely monitor Scott’s numbers to make sure he really is the closer if Diaz were to get hurt.

I can’t quit Mitch Keller. Unlike the last three seasons I have him officially pegged as a spot starter most of which are at home.

I think Jake McCarthy can steal 30 bases if he plays in 130 games.

Ultimately Coby Mayo desperately needs a change of scenery and an opportunity to get 550 at-bats without having to worry if he will get benched if he slumps for 5 games.

Adres Gimenz was a mandatory pick. NFBC didn’t count Altuve as a second baseman and they said I had to leave the draft with a second baseman. *eye roll*

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12-Team Mixed NFBC Draft Recap: March 26, 2026

League Background

This is a 12-team mixed NFBC draft. The roster consists of 14 hitters, nine pitchers and seven bench players. You set your pitchers once a week; hitters are set twice a week; waivers occur once a week.

I had the 3rd pick. This analysis was written on March 28, 2026 and I realized I never posted the article.

My Team

Individual Player Analysis

Bobby Witt was the clear third best player in my rankings. I think if I had the first pick I probably would have taken Witt because he has the highest floor among Aaron Judge and Shoei Ohtani. Witt is younger and has a high probability of going 30/30 with 145 games played especially with the home ballpark moving in the walls.

I normally do not take pitching in the second round but the pitchers after Christopher Sanchez had too many flags. Sanchez’s velo ticked up last year and the velo was the same in Spring Training. After the top 3 starters Sanchez was the clear #4 starter because of the elite command and the very good health grade.

James Wood has his flaws; he strikes out too much and there is a TON of swing and miss. That said, in regards to the combination of hard-hit rate and bat speed and swing tilt only Aarond Judge is better. Wood’s hard-hit rate was 10% better than Nick Kurtz. I’m also banking on the Nationals offense being better than last year too.

William Contreras was my #2 catcher. I think his “down” year last year was due to fractured middle finger that he played through.

I think there are 9-10 good/safe closers and I wanted one of them. A closer run started in the 4th round and I wanted to pick one. Andres Munoz was my #4 closer.

Riley Greene, like Wood, has an elite combination of hard-hit rate. The Tigers lineup should be better than last year. The only downside is he doesn’t steal bases.

Dylan Cease was my #8 starting pitcher. Cease has his flaws; the ERA will be volatile and unpredictable; his WHIP could be in the 1.3’s. However, he has a great health grade; should provide a ton of strikeouts. Cease is a flawed pitcher but if you piggyback him with other pitchers with a low WHIP like a Sanchez and Shota Imanaga.

Nico Hoerner signed an extension after my draft. I’m happy for him but part of the reason why I liked him was had a higher probability he would reach his max projection in steals. I still think he will steal 25ish bases with a .280 batting average as his floor.

I was a big believer in Ryan Pepiot last year and I’m still a big believer. I think the Market is undercounting how much he should see an improvement no longer playing in a triple-a bam box as a home ballpark.

Willy Adames should bounce back. I’m weary of taking players in the first year after signing a big contract. Even with a down year he had a 108 WRC+. He will also hit behind Rafeal Devers all year. I think Adames hits .240 with 25-30 homers and 10 stolen bases.

The thesis for Matt Chapman was similar to the analysis for Adames. I’m expecting Chapman to have a lot of men on base when he bats. The biggest question mark is how many bases he steals. I projected 7 but I think he either steals 10-15 or 2-4.

I think there is a 60-66% chance a year from now Griffin Jax is a top 6 closer taken in drafts.

Shota Imanaga’s velo was up in the Spring. He won’t be as good as he was in 2024 and he’s a two-pitch pitcher to both sides of the plate, but he has a career WHIP of 1.01 and he pairs well with Cease. His velo was down in 2025 but how much of it was due to his hamstring injury? His velo was up in the Spring so I’m banking on a return to form; also, he only signed for one-year.

Gabriel Moreno was #6 rated catcher. Moreno should hit .280, get a lot of baseball card statistics and even get DH at-bats. Projection systems have him hitting 10-11 home runs with 110 games played. I think he gets 10-20 games at DH.

Chase Burns selection was made by accident. I forgot that I drafted Imanaga and I was shocked Burns fell 50 picks below his ADP. Burns ranked 29th among all pitchers with 40 innings in Stuff+.  If he can pitch 140 innings I will make a big profit.

Munetaka Murakami has a TON of swing and miss but he should play every day and also gain first base eligibility in two weeks. I projected a .220 batting average with 30 home runs.

Ideally I would have taken a first basemen earlier and I’ve been burned a lot taking cheap power hitters, but I planned to take Spencer Torkelson in this part of the draft because the Tigers don’t really have anyone who can take his spot. Colt Keith could fill-in but if the Tigers are going to the playoffs Torkelson will have to be a big part of that. It feels like Torkelson is older than he really is; he will turn 27 in August which means he’s either near or at his peak. Yes, his second half was “worse” than the first half, but he still had a 107 WRC+ in the second half.

The plan with Mickey Moniak is primarily to start him only at home and hopefully he gives me a run rate of 20 homers and 10 stolen bases.

Caleb Durbin should hit .250-.260 with a lot of hits off the Green Monster with 30 stolen bases.

After a great 2024 season Colton Cowser suffered three injures last season; thumb fracture, concussion and rib fracture. He probably gets platooned, but I think 20-25 home runs with 10-15 stolen bases is very reasonable if he plays in 130 games. If the Orioles get any injuries I think his defense is good enough where he plays against lefties.

Josh Lowe has a career 41 WRC+ versus lefties so he should be platooned but if he plays in 125ish games I think his floor is a 20/20 season.

Giancarlo Stanton was selected for his power; he’s healthy at the moment but if he gets hurt he will be dropped.

At the draft Lourdes Gurriel Jr. looked like he would return quicker than expected from his injury. The Diamondbacks need offense and Gurriel plays the majority of games at DH. The biggest question is how stolen bases he gets. He tore his ACL last September. I can see an outcome where he only steals 1-2 bases. He’s a career .274 hitter and if he played in 145 games I think 18-22 home runs is reasonable.

I’m not high on Kyle Manzardo but I wanted home run insurance in case one of my power hitters gets hurt and finding 30-home run power on the waiver wire is extremely difficult.

Spencer Steer was taken as a flyer if he could A) take the LF job after JJ Bleday was optioned to the minors and/or get second base eligibility.

Clay Holmes and Reid Detmers were taken as flyers. Holmes more so as a home-only starter; Detmers as a lottery pick. If Detmers doesn’t look good in 2-3 starts he will be dropped.

I have to think Dylan Crews is back in the majors by late April.

Maybe Bryan Baker is the closer for the Rays?

Victor Vodnik was selected because opening weekend the Rockies are in Miami and maybe he will pick up a save.

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Q3 2025

Disclaimer

Nothing discussed/written should be considered as investment advice. Please do your own research or speak to a financial advisor before putting a dime of your money into these crazy markets. In other words, if you buy something I bought, you deserve to lose your money.

The only reason why I am making my portfolio public because it provides accountability to me. Some or all the analysis I provide could be from the top of my head and should not be considered accurate.

My investing goal is simple; to try to manage risk while being fully invested without market timing. Howard Marks said it best, “even though we can’t predict, we can prepare.”

All my references to the Market are only for the US Market.

Performance

YTD I am up 17% versus 14% for the SP 500.

The table below is a breakdown of my portfolio at the end of Q3. What you see below where my entire net worth, excluding my home, is allocated.

Portfolio Activity

Opened a position in Charter (CHTR). The company is essentially an internet and mobile phone business. There probably won’t be a lot of organic growth but its trading at 5.5 earnings but its buying back its shares. Since 2020 they have bought back 29.5% of its shares and since last year 3.77% shares were repurchased. If they make $50 per share and if the multiple increases to 10 then the stock is worth $500.

I opened a small position in United Healthcare (UNH). After doing some digging and after a 30% increase I exited my position. During my reading I got vibes of GE; a company so big that I don’t think I would understand all the moving parts enough to feel like I understand the business. I know a lot of smart people have bought the stock but I had to exit.

I opened a position in Portillos (PTLO). I’ve never eaten there but the data looks amazing. In March of this year they launched their Loyalty Rewards Program and they already have 1.9 million people signed up. They operate 94 restaurants which means on a per restaurant basis they have more than 20,000 loyalty members. To put this into context, Chipotle has 40 million loyalty members across 3,700 locations which averages out to 10,000 loyalty members per restaurant. Portillo’s has double the number of Chipotle. In 2014 a private equity firm bought Portillos for $1 billion. Today the company has a market cap of $509 million. 

The value investor bias can’t help but get excited about banks trading for less than their book value. Bankfirst Corp (BFCC) is trading at about 60% of book value. Management authorized a $10 million dollar buyback (about 4% of its market cap) and has already purchased 21,909 shares for $785,000 (average price of $35.83). Non-performing assets to total assets of 0.51% as of March 31, 2025 compared to 0.42% March 31, 2024.

I exited my position in Seaport Entertainment Group (SEG) at 34.6% profit. The company fired the CEO and CFO with additional changes to the board. Part of my thesis was the CEO and his successful history. I’ll continue to follow the company but I am out.

I opened a position in Olin Corporation (OLN). The company is manufacturer and distributor of chemical products and a leading U.S. manufacturer of ammunition (Winchester). They produce a myriad of chemical products such as chlorine, ethylene dichloride, hydrochloric acid and allylics. The stock is down 53% in one year due to cyclicality nature of their business. Additionally, Winchester is the largest ammunition maker in the US (to individuals and the US Army and government). Despite this company still pays a dividend and has a 8% free cash flow yield and the company is buying back stock. Lastly, the first debt maturities doesn’t begin until 2029.

I opened a position in Crocs (CROX). I personally had a bias against their product because I would never buy their shoes. However, I cannot deny the popularity of their shoes. The company has a market cap of $4.4 billion and an enterprise value of $5.8 billion along with a free cash flow yield of $750 million. On top management is buying back their stock; YTD they’ve bought back $580 million. The brand recently said sales grew 30% in China which is amazing for an American company. With fashion the shelf life of a product could evaporate very quickly but at the price I paid I think on a risk-reward basis it is a bet worth making.

Quotes & Charts

“We avoid doing simple things that work because they don’t make us look smart.”

“Smart people feel stupid doing simple things, so we invent complicated alternatives that accomplish less but feel more intellectually satisfying.”

“Meanwhile, the people who dominate their fields are doing embarrassingly basic things, but they do them better than everyone else.”

“The 2021-2023 inflation was fundamentally fiscal in origin, caused by massive spending without credible repayment plans rather than monetary policy or supply shocks.” 

Source: https://larryswedroe.substack.com/p/understanding-the-recent-inflation 

Source: https://x.com/Greenbackd/status/1960382822868500648

Source: https://x.com/Greenbackd/status/1970943127541461058

Source: https://x.com/JeffWeniger/status/1958652242828898346 

Source: https://oakmark.com/news-insights/our-bottom-up-approach-to-a-top-down-crisis-u-s-equity-market-commentary-2q-2025/

Source: https://www.kkr.com/content/dam/kkr/insights/pdf/2025-mid-year-outlook.pdf

Source: https://www.man.com/insights/road-ahead-gold 

“This means that there are at least two potential upside levers for international value stocks going forward. In addition to mean reversion of valuation spreads within international markets, we also believe there is an upside opportunity from narrowing the valuation discount between international markets and the US. We believe that the combination of these two discounts—particularly among small- and micro-cap firms—offers one of the most attractive setups in global equities today.”

Source: https://mailchi.mp/verdadcap/resurgent-international-value?e=e1c5773556 

Source: https://x.com/theallocator_/status/1949803208924176824 

Source: https://x.com/MebFaber/status/1953855575277678643

Source: https://www.allspringglobal.com/globalassets/assets/insights/pdf/emerging-markets-2-0-the-tipping-point-is-here.pdf

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