Dalio once sat down with CNBC's Maria Bartiromo in 2012 at the Council on Foreign Relations to give some advice for the average investor. At that time, he explained how inflation and growth affect the prices of asset class returns.
"There are two main drivers of asset class returns — inflation and growth," he said.
"When growth is slower-than-expected, stocks go down. When inflation is higher-than-expected, bonds go down. When inflation is lower-than-expected, bonds go up."
Source: Council on Foreign Relations