Diversification is the secret to optimal performance. This is why I have my interests set on market sectors based on performance and projected growth, such as the EV sector, renewable energy, Tech, and Health. Keep investing regularly and you'll be blown away how much it can change in a few short years. Here's to $1 million and to FIRE
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfoIlo allocation
Investment / portfolio planning is an intricate process that necessitates not only strategic foresight but also expert guidance. It’s paramount to align ourselves with seasoned financial advisors who can steer our investments toward optimal growth in the long term.
I completely share your perspective. I’m engaged with a Top-Tier financial advisor whose approach emphasizes the importance of holistic financial planning and long-term wealth preservation. He not only focuses on maximizing returns but also prioritizes risk management and asset diversification to safeguard clients’ financial well-being.
A few days after I got inclined with my CFA, with a startup of 215 k, he chose the entry command of my portfolio which has grown to almost 1.1US million in few months.
Ray Dalio's commitment to understanding the fundamentals of reality in business is enlightening. His approach not only transforms industries but also inspires a culture of openness and learning from mistakes among leaders and teams alike. 🌟
Feel very much inspired by this talk. I think I will definitely look back at it and think about how it influenced me at this turning point in my life. Thank you to these speakers and Columbia for posting!
I’ve been diligently working, saving and contributing towards financial freedom and early retirement, but the economy so far since the pandemic has eaten away most of my portfolio, what I want to know is this: Do I keep contributing to my portfolio in these unstable markets or do I look into alternative sectors.
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
Finding financial advisors like Carol Vivian Constable who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
I'd love to invest in stocks after listening to a guy on a podcast talk about the importance of investing and how he made over $300k in few months of investing into stocks from $175k initial capital, somehow this video has helped shed light on some things but I'm confused about the current market volatility I'm new to this and I'm open to ideas
It's difficult to beat the market as an ordinary investor, you don't have access to information that professionals have. So it's just better if you invest with a professional who knows how things work better.
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
Well, for starters, RPC Wealth takes a personalized approach to wealth management. They tailor their strategies to fit each client's unique financial goals and risk tolerance.
Plus, they have a team of seasoned professionals who are experts in their field. They use a combination of traditional investment strategies and cutting-edge technology to maximize returns for their clients.
That sounds promising. I've been looking for a reliable advisory firm to help with my management complexities in the market. How has your experience been with RPC Wealth
1 major factor not included, the great Equilizer Nuclear weapons. Because of these weapons, superpowers can not have all out conflict as no one would win.
I'm thinking to put some cash in stocks, I was at Salt Shack and i overheard some friends saying its ripe enough, but Is this a good time to buy stocks? I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?
Off course, but Just because there are opportunities in the market doesn’t mean you should go in blindly. To understand the potential factors that contribute to your financial growth, I'll advise you to seek the help of a professional.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
Elisse Laparche Ewing is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
While this provide an actual strategy on investing and how to value stocks. After buying stocks for just over 3 years, i'm struggling to make gains. How do i adjust or revamp my 250k portfolio? Should i consider some defensive investments?
In this current unstable markets, It is advisable to diversify while retaining 70-80% in secure investments. looking at the worth of your portfolio, you should consider financial advisory
Agreed, my portfolio is well-matched for every market season yielding 85% from early last year to date. All thanks to my advisr. We are currently working on a 7 figure ballpark goal, tho this could take another year. IMO, financial advisors are the most sought-after professionals after doctors.
She goes by ‘AMBER KAY WRIGHT’ I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did
My spouse and I are adding a variety of stocks/ETF to my present holdings for the long term, We've set aside $250k to start following inflation-indexed bonds and stocks of companies with solid cash flows, I believe it is a good time to capitalize on the market for long-term gains, but it wouldn't hurt to know means of actualizing short term profit. H)Market is down still, I've been looking up strategies and apparently both bull and bear market condition provides equal avenue to accrue massive gains, and a news article particularly mentioned a 54 year old that made $180k in 5weeks, how do I learn these strategies, my portfolio has been stagnant for months.
The market is volatile at this time, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.
I've been doing my own investment for at least 40 months now. Before making any purchases, I conducted my own independent research and analysis. After the epidemic, things truly got pretty tough, and I sought advice from an investment advisor at that point. Over the course of more than two years, I increased my reserve from $280K to $435K. She offers me premium copy trading based on the market's condition.
The uncertainties accompanying this present market is more reasons I have my daily investment decisions guided by a portfolio-coach seeing that their entire skillset is built around going long and short at the same time,
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
How are BTCers enjoying those small block & high transaction fees ? Bitcoin Cash: A Peer-to-Peer Electronic Cash System BCH has the same 21M total supply as BTC The same Halvings The same miners & the same Genesis Block as BTC Fast, scalable and almost free to transact on L1 BCH is still only $500 a coin which is 2016 BTC price and outperformed BTC over the last 12 months Maybe BCH is following BTC and just a couple of halving cycles behind 🤔
Ты в курсе что слова ищут из и тех что сталкивались даже если словосочетания можно вызвать несколько сигналов выразительности и узлом взаимосвязи в неокортекск
The best thing of it all when comes to Ray Dalio is that his vehement praise for Putin can't be erased from the books he's written; nor can his praise for other genocide-pursuing dictatorships.
He may be right or he may be wrong but I can't judge that yet as I don't have enough information on it but the reality is is people like you are the ones who are falling for all the mainstream media propaganda and it's obvious you can't think outside the box. This is white guys like him or geniuses guys like yourself aren't. Sorry my friend but I respect somebody who is opinionated and goes against the grain especially when it comes to political issues like this where the media pushes one narrative only
I'm no longer confident in my investment strategy due to the impending recession. I aim to reallocate my $250K portfolio. What's the most effective strategy to invest right now?
Look for stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during recessions. Alternatively speaking to a certified market strategist can help with pointers on equities to acquire
True. Having the right financial planner is invaluable. My portfolio is well-matched for every season of the market and recently hit 90% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, though this could take till Q3 2024.
JFC, go see a mental health professional. You've been completely propagandized and you see some kind of 'Putin' narrative (whatever the f*ck that is) in everything and everybody.
He is great at describing history, but very bad at coming up with solutions. What about a minimum global wealth tax? He doesn’t like to mention that, because it would affect his own wealth.
I can guarantee you he knows more about the subject than you do and that should scare you. Then again people like you are so worried about what the mainstream media narrative is that you can't think for yourself. Maybe you should listen more and talk less and you'll probably learn a lot more. Most importantly start questioning things because I can promise you much of what you've been told in this world isn't true
What are the best additions to a $500k portfolio to boost performance? ETH is Up and will do better, I believe as indicators for profits continue to improve. investors like me believe that “Santa has come early” to the markets..
I think you're better off with majority investment in bitcoin and uprising equities cos they always outperform. Alternatively speaking to a certified market strategist can help with pointers on which to acquire.
wow massive gains! my partner recently hinted on going same direction.. what did you invest in, and who is your investment advisr please, if you don’t mind me asking? in dire need of asset allocation
3dlayers graphigs ожидания и участия работников в экономике и трафике пропускной спосоьности единиц структура значений цены поккпаиельной спосбоности индивида и выбора дуальных знасений на лесенке потребностей эскалатор с билетами а вниз с кредитами и заимвстования
![Lp. Сердце Вселенной #60 РОЖДЕНИЕ ЛОЛОЛОШКИ [Финал] • Майнкрафт](http://i.ytimg.com/vi/YoR0pAV9FVQ/mqdefault.jpg)
Diversification is the secret to optimal performance. This is why I have my interests set on market sectors based on performance and projected growth, such as the EV sector, renewable energy, Tech, and Health. Keep investing regularly and you'll be blown away how much it can change in a few short years. Here's to $1 million and to FIRE
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfoIlo allocation
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
This is Alright but I think investing in Forex and crypto is the best investment anyone can get involved with.
Please what if I want to get started how do I go about it? I really need help.
It's advisable to go for an experience except when seeking to invest in the crypto market
If you really want to succeed you definitely need an expert like Joy Philips
She's really a good investment advisor. I was privileged to attend some of her seminars. That was how I started my crypto investment 👏
Well I diversified my $35,000 portfolio across different markets.
Investment / portfolio planning is an intricate process that necessitates not only strategic foresight but also expert guidance. It’s paramount to align ourselves with seasoned financial advisors who can steer our investments toward optimal growth in the long term.
I completely share your perspective. I’m engaged with a Top-Tier financial advisor whose approach emphasizes the importance of holistic financial planning and long-term wealth preservation. He not only focuses on maximizing returns but also prioritizes risk management and asset diversification to safeguard clients’ financial well-being.
A few days after I got inclined with my CFA, with a startup of 215 k, he chose the entry command of my portfolio which has grown to almost 1.1US million in few months.
That’s remarkable! How did you come across this Financial advisor???
I’m also curious as this aligns with my interest in diversifying my portfolio.
*I’m involved with Eric Paul Elmer*
Ray Dalio's commitment to understanding the fundamentals of reality in business is enlightening. His approach not only transforms industries but also inspires a culture of openness and learning from mistakes among leaders and teams alike. 🌟
Thank you all for this awesome interview, I always appreciate Ray Dalio shares his invaluable knowledge!
Feel very much inspired by this talk. I think I will definitely look back at it and think about how it influenced me at this turning point in my life. Thank you to these speakers and Columbia for posting!
I’ve been diligently working, saving and contributing towards financial freedom and early retirement, but the economy so far since the pandemic has eaten away most of my portfolio, what I want to know is this: Do I keep contributing to my portfolio in these unstable markets or do I look into alternative sectors.
Just try to diversify your portfolio to other market sectors, that way your investment is balanced and you don’t get to make so much losses.
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?
Finding financial advisors like Carol Vivian Constable who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Thanks for sharing, I just liquidated some of my funds to invest in the stock market, I will need every help I can get.
I have followed Ray the past decade, and he's always been right.😍😍😍😍😍😍😍😍😍😍
I've been interested in trading for a while now, but your video gave me the final push I needed to take action. Thank you for the inspiration!
Thank you for helping us, ordinary people, understand this complex area.
His voice pace is the fitting of me.
I'd love to invest in stocks after listening to a guy on a podcast talk about the importance of investing and how he made over $300k in few months of investing into stocks from $175k initial capital, somehow this video has helped shed light on some things but I'm confused about the current market volatility I'm new to this and I'm open to ideas
It's difficult to beat the market as an ordinary investor, you don't have access to information that professionals have. So it's just better if you invest with a professional who knows how things work better.
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
How can I reach this advisers of yours? because I'm seeking for a more effective investment approach on my savings?
'Aileen Gertrude Tippy' is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
Ray gets his great experience to guide future generations.
Thank you for posting this.
ВО! Побольше бы такого контента) Не ленись чел, снимай видосы почаще)
wish more channels utilized transcripts
Ray Dalio knew all 22 recessions of 2 we had last 5 years.
Investment banking can be quite lucrative if you know what you're doing, but it also comes with its fair share of risks.
That's true. I've dabbled in investment banking myself, but I prefer to leave the heavy lifting to the professionals.
Well, for starters, RPC Wealth takes a personalized approach to wealth management. They tailor their strategies to fit each client's unique financial goals and risk tolerance.
Plus, they have a team of seasoned professionals who are experts in their field. They use a combination of traditional investment strategies and cutting-edge technology to maximize returns for their clients.
That sounds promising. I've been looking for a reliable advisory firm to help with my management complexities in the market. How has your experience been with RPC Wealth
A wise !am once said that privilege is invisible too those that have it. I am grateful to have priceless knowledge at my fingertips
Emotional & psychological management of oneself is the 🗝️ key component in utilizing Artificial Intelligence in the global 🌎 financial markets.
these financial experts are better than those people running the country
1 major factor not included, the great Equilizer Nuclear weapons. Because of these weapons, superpowers can not have all out conflict as no one would win.
I'm thinking to put some cash in stocks, I was at Salt Shack and i overheard some friends saying its ripe enough, but Is this a good time to buy stocks? I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?
Off course, but Just because there are opportunities in the market doesn’t mean you should go in blindly. To understand the potential factors that contribute to your financial growth, I'll advise you to seek the help of a professional.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now
Elisse Laparche Ewing is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
While this provide an actual strategy on investing and how to value stocks. After buying stocks for just over 3 years, i'm struggling to make gains. How do i adjust or revamp my 250k portfolio? Should i consider some defensive investments?
In this current unstable markets, It is advisable to diversify while retaining 70-80% in secure investments. looking at the worth of your portfolio, you should consider financial advisory
Agreed, my portfolio is well-matched for every market season yielding 85% from early last year to date. All thanks to my advisr. We are currently working on a 7 figure ballpark goal, tho this could take another year. IMO, financial advisors are the most sought-after professionals after doctors.
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
She goes by ‘AMBER KAY WRIGHT’ I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.
Dalio for president!
Dalio for president
Can you put a timeline for the video
Ray is a legend. Big picture. How many more red flags can he throw us ?!
I love this guy
How about them Diddy parties?!? Hi Rayyyyyy!!!!!
PAIN + REFLECTION = PROGRESS
If Ray Dalio was graduating business school today would he be as successful ?
The moderator ruined it for me.. wish it was someone who can realise the value of each information mentioned
some of the student's at the end definitely got their questions off of chat gpt
Could you blend AI language models and blockchain together?
I am enjoying Ray’s interview, even though his “heuuuuhss” and “emmmmmms” are killing me
Задача простая у меня не упрощать условия люблю трудности что поделаешь😂🎉
Terrible moderator
Thank you for this.
Ray should buy some Bitcoin. His arguments around fiat currency and debts are the exact same ones that supporters of Bitcoin make.
Students did a better job asking the questons.
My spouse and I are adding a variety of stocks/ETF to my present holdings for the long term, We've set aside $250k to start following inflation-indexed bonds and stocks of companies with solid cash flows, I believe it is a good time to capitalize on the market for long-term gains, but it wouldn't hurt to know means of actualizing short term profit.
H)Market is down still, I've been looking up strategies and apparently both bull and bear market condition provides equal avenue to accrue massive gains, and a news article particularly mentioned a 54 year old that made $180k in 5weeks, how do I learn these strategies, my portfolio has been stagnant for months.
The market is volatile at this time, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.
I've been doing my own investment for at least 40 months now. Before making any purchases, I conducted my own independent research and analysis. After the epidemic, things truly got pretty tough, and I sought advice from an investment advisor at that point. Over the course of more than two years, I increased my reserve from $280K to $435K. She offers me premium copy trading based on the market's condition.
The uncertainties accompanying this present market is more reasons I have my daily investment decisions guided by a portfolio-coach seeing that their entire skillset is built around going long and short at the same time,
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
i use Svetlana Sarkisian Chowdhury. you can look her up.
I love how these people use and abuse the corrupt system, and then jump on a stage and try to give life lessons. They're all criminals in suits.
Why no timestamps?
How are BTCers enjoying those small block & high transaction fees ?
Bitcoin Cash: A Peer-to-Peer Electronic Cash System
BCH has the same 21M total supply as BTC
The same Halvings
The same miners
& the same Genesis Block as BTC
Fast, scalable and almost free to transact on L1
BCH is still only $500 a coin which is 2016 BTC price and outperformed BTC over the last 12 months
Maybe BCH is following BTC and just a couple of halving cycles behind 🤔
Ты в курсе что слова ищут из и тех что сталкивались даже если словосочетания можно вызвать несколько сигналов выразительности и узлом взаимосвязи в неокортекск
Get a good algo, investors with billions, and insider information.
Daylio can't bring himself to say higher corp tax rate for $1B+ EBIT.
Some magical other way I'm sure he's working on..
The best thing of it all when comes to Ray Dalio is that his vehement praise for Putin can't be erased from the books he's written; nor can his praise for other genocide-pursuing dictatorships.
He may be right or he may be wrong but I can't judge that yet as I don't have enough information on it but the reality is is people like you are the ones who are falling for all the mainstream media propaganda and it's obvious you can't think outside the box. This is white guys like him or geniuses guys like yourself aren't. Sorry my friend but I respect somebody who is opinionated and goes against the grain especially when it comes to political issues like this where the media pushes one narrative only
В неделе 24*7часов 172-8*7 102-6 =96..
did you guys notice Rays right ankle?
Как раз равноценно если покупка праздник для двух .. Опять судоку
Shocked by how out of touch Ray Dalio actually is. No disrespect, but he's talking to us like we're 6.
Как раз нет возьми 2008 год если бы все играли в гольф а потом цена на клюшки оказалась завышенной то правила не изменятся станет лишь больше клюшек.
The host is not good interviewer. I think most of the audience members will ask better questions, moderate the discussion much better.
В автобусе 21 из них 6 мужнщин. Соотношение к праздникам мужскому и женскому цены на затраты при условии что в покупке взаимноей действия неравноценно
Yassas
Why have the most annoying DOOS interviewing Ray?
Why is he laughing the whole time?
I'm no longer confident in my investment strategy due to the impending recession. I aim to reallocate my $250K portfolio. What's the most effective strategy to invest right now?
Look for stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during recessions. Alternatively speaking to a certified market strategist can help with pointers on equities to acquire
True. Having the right financial planner is invaluable. My portfolio is well-matched for every season of the market and recently hit 90% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, though this could take till Q3 2024.
Please educate me, i'm willing to make consultations to improve my situation,
Her name is 'Colleen Rose Mccaffery’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thank you for this amazing tip. I just looked the name up, wrote her explaining my financial market goals and scheduled a call.
Пузыри обычно делят одно место финансов
Just say the market is aways crashing, the world will end, sell your shares and…. Easy!!
Ray can talk all day long and not say a damn thing.
Red Dalio
Да если стоматолог будет роботом то я скажу совершенно не свою
Я же не буду кричать метеорит метеорит
Когда мне будут вырывать зуб
This interviewer was not good
Mr. Doom and Gloom.
Кальцкуторы декартовскихтрешеной под триз мне предстоит понять
Mr.China.
Ray's a proud Putinist.
JFC, go see a mental health professional. You've been completely propagandized and you see some kind of 'Putin' narrative (whatever the f*ck that is) in everything and everybody.
He is great at describing history, but very bad at coming up with solutions. What about a minimum global wealth tax? He doesn’t like to mention that, because it would affect his own wealth.
The state loots people and corporations enough
Still praising Xi and Putin? Ray, are you still a proud, card-carrying Putinist?
I can guarantee you he knows more about the subject than you do and that should scare you. Then again people like you are so worried about what the mainstream media narrative is that you can't think for yourself. Maybe you should listen more and talk less and you'll probably learn a lot more. Most importantly start questioning things because I can promise you much of what you've been told in this world isn't true
Stop spamming.
What are the best additions to a $500k portfolio to boost performance? ETH is Up and will do better, I believe as indicators for profits continue to improve. investors like me believe that “Santa has come early” to the markets..
I think you're better off with majority investment in bitcoin and uprising equities cos they always outperform. Alternatively speaking to a certified market strategist can help with pointers on which to acquire.
wow massive gains! my partner recently hinted on going same direction.. what did you invest in, and who is your investment advisr please, if you don’t mind me asking? in dire need of asset allocation
ashley airagahi is the licensed advisor I use. Just research the name. You'd find necessary details to work with to set up an appointment
Thank you for this amazing tip. I just looked the name up, wrote her explaining my financial market goals
👀👀👀👀
Here comes Ray the Putinist Dalio.
Ray China
An aider and abetter of Xi's and Putin's regimes.
Dude give it to no one cares.
@@arthurfonzarelli9828 I thought Columbia University "cared about human rights."
NATO is at fault. Sucks to suck
3dlayers graphigs ожидания и участия работников в экономике и трафике пропускной спосоьности единиц структура значений цены поккпаиельной спосбоности индивида и выбора дуальных знасений на лесенке потребностей эскалатор с билетами а вниз с кредитами и заимвстования
Poor d’alibi so desperate to mislead and abuse the weak