Bridgewater Associates founder Ray Dalio shared his market views Thursday on Bloomberg Radio. : Bridgewater Associates founder Ray Dalio said Thursday that his firm is invested in the stock market but cautious on bonds. In an interview on Bloomberg Radio, the hedge fund manager was asked if he is predicting a bear market. The investor did note risks are rising as central banks move away from easy monetary policies to the point where they are going to hike interest rates. "From 2008 until 2017 we were in a certain type of environment," he said.