Abstract
A Hilbert space operator is called universal (in the sense of Rota) if every Hilbert space operator is similar to a multiple of restricted to one of its invariant subspaces. It follows that the Invariant Subspace Problem for Hilbert spaces is equivalent to the statement that all minimal invariant subspaces for are one dimensional. In this article we characterize all linear fractional composition operators that have universal translates on both the classical Hardy spaces and of the half-plane and the unit disk respectively. The surprising new example is the composition operator on with affine symbol for . This leads to strong characterizations of minimal invariant subspaces and eigenvectors of and offers an alternative approach to the ISP.
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