you wouldn't guess the amount of finances that this man can control. During the interview, Pollack talked about his career as a short seller and hedge fund manger, the charity groups he helps, his family, and why he's decided to return to short selling after a six-year hiatus. "Short selling is what I do and I need to get back to doing it," states Pollack. Both Yale and Harvard seem to have a penchant for turning out successful investors: Jim Chanos (widely credited with exposing Enron as a fraud, and who Pollack got to know back in the 1980s when they were both short First Executive Life), Zoe Cruz (a brilliant commodity trader who rose to the co-presidency of Morgan Stanley, a section-mate of Pollack's at HBS), Jamie Dinan (CEO of JP Morgan Chase, who Pollack used to play pick-up basketball with at HBS), Strauss Zelnick (media wunderkind and Chairman of ZelnickMedia and Take-Two Interactive, Pollack's roommate at Harvard), Scott Schoen and Scott Sperling (co-presidents of leveraged buyout giant THL, and friends of Pollack from Harvard), Steve Pagliuca and John Bekenstein (of Bain Capital, friends of Pollack from HBS and Yale respectively), Glenn Hutchins (of Silverlake Partners, also a Harvard classmate), to name just a few. Pollack, who graduated Magna Cum Laude from Yale and went on to get both an M.B.A. from Harvard Business School and a J.D. from Harvard Law School, is no exception. After graduate school, Pollack went to Wall Street where he became an investment banker and later honed his skills as a hedge fund manager. Pollack was trained as a short seller by industry pioneers, the Feshbach Brothers and later went into business for himself. After leaving Feshbach in the early 1990s, Pollack built a highly successful family of hedge funds, the most well-known of which was his short fund, appropriately named Dancing Bear. But towards the end of 2001, Pollack started to a look how he could spend more time with his growing family and helping charities. "After the terrorist attack on 9/11, I was moved by what happened and I really wanted to help," said Pollack. For the months following the attack, the financial markets were in turmoil and Pollack began to feel the pull of loyalties between his investment business and the needs of his growing family. In November of that year, Pollack was at a family vacation with his expectant wife and three children. Sitting with his laptop on a hotel room watching the markets, he told his wife that he had to go back to the
piece
is
an
abstract
triptych
that
I
found
while
I
was
in
Atlanta
buying
religious
paintings
The
piece
was
called
Guardian
Angel
and
I
love
it
My
patrons
fell
in
love
with
it
as
well
They
have
asked
me
to
track
down
the
artist
and
see
if
he
has
anymore
religious
paintings
available
The
only
religious
paintings
that
I
actually
do
not
buy
are
ones
that
reflect
the
image
of
Jesus
on
the
cross
I
don’t
have
a
problem
with
them
some
of
them
are
extremely
well
done
and
would
more
than
likely
sell
well
but
my
investors
made
it
very
clear
when
they
financed
the
gallery
that
I
would
not
put
that
image
into
it
PPPPP
683
Ajello
Candles
The
motto
of
the
Ajello
Candle
Company
is
“It’s
better
to
light
a
candle
than
to
curse
the
darkness”
This
candle
making
company
has
been
in
business
since
1775
The
business
has
been
family
owned
for
seven
generations
The
candles
from
Ajello’s
are
well
known
for
their
beauty
and
quality
While
they
make
more
candles
now
than
in
1775
their
dedication
to
quality
and
to
customers
has
never
changed
The
Ajello
Candle
Company
was
founded
by
Rafael
Ajello
an
Italian
painter
He
was
also
a
beekeeper
so
he
tried
his
hand
at
using
bees
wax
to
create
candles
He
worked
hard
to
create
a
formula
that
worked
well
The
formula
combined
with
his
outstanding
artistic
ability
lead
to
the
birth
of
the
Ajello
Candle
Company
In
1785
the
company
earned
the
honor
of
creating
all
the
candles
for
the
Vatican
He
and
his
wife
ran
the
business
keeping
their
children
involved
in
the
processes
from
an
early
age
As
time
went
on
their
children
and
grandchildren
kept
the
business
running
as
well
as
passed
the
family
business
on
to
their
children
By
1862
the
company
had
established
itself
as
a
leader
among
the
candle
making
industry
They
had
also
added
perfumes
and
many
.
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