Episode 44: Paul Wachter - Founder and CEO of Main Street Advisors

In this episode of Generating Alpha, Amir Fischer interviews Paul Wachter, the founder and CEO of Main Street Advisors. Wachter discusses his upbringing, his early career in law and investment banking, and the formation of Main Street Advisors with Arnold Schwarzenegger as his first client. He shares insights into significant deals like Planet Hollywood, investments in Dimensional Fund Advisors, and the acquisition of 747s leased to Singapore Airlines. Wachter emphasizes the importance of authenticity in business, particularly in influencer deals, and recounts negotiating LeBron James's Nike deal and the sale of Beats to Apple, highlighting his approach of understanding and valuing the other party's needs in negotiations. He also touches on the qualities that make clients successful, the challenges faced by the current generation of influencers, and the lessons he has learned from working with iconic figures.