Capital Allocators – Inside the Institutional Investment Industry [REPLAY] James Aitken – Macro Strategist Extraordinaire (Capital Allocators, EP.58)
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Apr 14, 2025 
James Aitken, Founder and Managing Partner of Aitken Advisors, shares his expert insights from the world of macroeconomic consultancy. He reflects on his experience during the Global Financial Crisis and the intricate role of central banks. Aitken challenges market assumptions about interest rates and emphasizes the importance of disciplined investing. He explores global financial complexities, particularly in China and Europe, and discusses the necessity of adapting strategies amidst evolving market conditions. Aitken also highlights the value of continuous learning and self-awareness in investment.
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Aitken's AIG Experience
- James Aitken's career began in FX trading but shifted after working with influential figures at AIG.
- His experience at AIG Financial Products, despite its opacity, offered a unique perspective on the inner workings of the financial system and the impending crisis.
Crisis Prediction
- The 2007-2008 financial crisis was a mechanical process triggered by falsifying the assumption of ever-rising house prices.
- Aitken predicted the crisis based on this insight, presenting to institutional investors and policymakers about the risks.
Aitken Advisors Launch
- Despite being risk-averse, Aitken started his own firm after encouragement from clients who valued his insights during the crisis.
- He faced initial challenges as the market environment changed post-crisis.