Ray Dalio, billionaire philanthropist and hedge fund demigod, thinks we can utilize historical precedent to insulate ourselves from the inevitable pain points life throws at us. Do you?

Part I of our two-part interview with Dalio will help you make a decision. 

In this episode of Business Casual, Ray makes a case for becoming a voracious student of history. And yes, Ray thinks we could have seen today’s global health and economic crisis coming—he even goes as far in the episode as to divulge what he would have done differently if he’d paid a little more attention to the history books. 

Because as far as he sees it, there is such a thing as a formula for success. He shared that formula, plus tips for…

Learning how to make decisions even when armed with imperfect information at best

Positioning yourself to take advantage of your weaknesses as much as you do your strengths

Understanding what the role of the billionaire class should be in times of global panic

Listen to the episode now. And make sure you’re subscribed so you don’t miss Part II of the interview, up next from Business Casual.