This is the 9974th most frequent Spanish word.
cacho
A "cacho" in Spanish can mean a piece, chunk, or fragment, and informally, it can also refer to luck or gossip, depending on context.
In this sentence, 'cacho' is used to mean 'a piece' or 'a portion' of something, usually food or an object that can be divided.
Comí un cacho de pastel después del almuerzo.
I ate a piece of cake after lunch.
Here, 'cacho' is a colloquial term referring to something of poor quality or in bad condition.
Ese carro es un cacho, siempre se descompone.
That car is a wreck; it always breaks down.
In this usage, 'cacho' is a slang term for 'anecdote' or 'joke' often used informally in conversation.