Dick has been involved in all phases of the real estate investment business since 1971, and has been a principal in dozens of real estate entities with a combined capitalization of more than $5 billion. Mr. Wollack was the founder and Chairman of Global Real Analytics (GRA), an investment firm that since 1980 specialized in forecasting real estate market prospects for and management of investment in publicly traded real estate debt and equity securities. GRA was sold to Charles Schwab Investment Management effective January 1, 2007. The author of two books on real estate and investing, he has also been an adjunct professor at both Stanford Graduate School of Business and the U.C. Berkeley Graduate School of Business and was a member of the California Senate Commission on Corporate Governance, Shareholder Rights and Securities Transactions. Mr. Wollack holds an MBA with distinction from the Stanford Graduate School of Business (1969) and a BA from the University of Illinois (1967), where he was admitted to Phi Beta Kappa. Mr. Wollack is a licensed California Real Estate Broker. He lives in St. Helena, California with his wife, Sue.