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I know that if there are enough Hermitian elements in a Banach algebra, then the Banach algebra is stellar. In particular, I'm interested in the two spaces $B(L^1(S^1,\Sigma,\mu))$ the space of bounded linear operators on Lebesgue integrable functions of the circle and $B(ba(\Sigma))$ the space of bounded linear operators on finite, finitely-additive Borel measures. I know about the results that having enough Hermitian elements is sufficient, but I'm not quite sure how to apply them.

The issue comes up because I am trying to bound the inverse of a Hermitian element in terms of its spectral radius. From my reading, we have an equality for $C^\star$ algebras and an inequality for Banach algebras.

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    @YemonChoi this is a very good reference. Thanks!2012-08-26

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The question was cross-posted at mathoverflow and answered there.

Credits goes to Yemon Choi.

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    No problem. I upvoted.2013-08-19