Managing Director of Equity Research at Wedbush Securities Inc., Research Division.
Michael Pachter is one of the most prominent voices regarding the business of the video game industry. His job is to know the ins and outs of the entertainment industry to provide the best possible insight for investors. He has also used his decades of experience to share this insight with consumers for years through his internet shows, most recently at Siftd.net where he hosts Pachter Factor on a weekly basis. He holds an M.B.A. from the Anderson School at the University of California at Los Angeles, a Juris Doctor from Pepperdine University, an LL.M. in Taxation from the University of Florida, and a Bachelor’s degree in Political Science from California State University, Northridge. He currently live in Long Beach, California with his wife and daughters.
What is the first video game that you remember playing?
First game was Pong, and I played it with my dad (I’m 61, so this literally was around 1972). My dad came home one day and said “I have to show you something” and dragged me to a bar where he took clients for an after work beer. They had Pong coffee tables where players sat across from one another and played against each other. As I recall, it was three games to 21 for a quarter. He was so enthusiastic that it was contagious. I had never been much of a pinball player, but the concept of arcade video games really captured my imagination, and I became an arcade rat a few years later.
What are your favorite games of all time?
My favorite in arcade is Galaga. On PC it’s Wolfenstein, with Counterstrike a close second. On console it’s Max Payne with Fallout 3 and Fallout 4 right behind.
Which hobbies or pastimes do you enjoy besides gaming?
I used to play a lot of poker, but stopped when my kids were born. I am a comic book collector and a pretty voracious reader. I was on a kick to read every National Book Award and every Pulitzer Prize winner, I have probably finished 75% of them. Other than that, I work a lot.
We played Little Big Planet and a bunch of Wii games (Just Dance) together. Lately, we’ve been playing PlayStation VR games together (Keep talking or someone will blow up? Something like that.)
How do you make time for gaming with a busy family life and career?
I don’t game as much as I used to. I play a ton of mobile games when I travel, and still play laptop games on planes. The Xbox Anywhere initiative is cool, and I’ve loaded Gears of War for my next long trip (next month to Europe).
What is your proudest moment as a parent?
This will sound lame, but every time an adult tells me how kind or polite my kids are, I’m proud. It happens a LOT. They’re just like their mom, really sweet dispositions, and everyone likes them. That makes me proud. You can’t take responsibility if your kid is good in school or sports, but you can take responsibility for their character.
You can catch a brand new episode of Michael’s show Pachter Factor every single week at Siftd.net