Is 0 an eigenvalue of the right shift operator? My friend and I are a little bit confused about this, the question we are working on asks us to find the eigenvalues of $R$, the right shift operator. The main point of contention is that $\sigma(R)$ is non-empty, and so should surely(?) contain an eigenvalue of $R$. Does the non-emptiness of $\sigma(R)$ only apply in finite dimensional Hilbert spaces? A detailed reply to clear up the confusion would be appreciated. 

For a bounded linear operator on a complex Hilbert space, the spectrum  is always non-empty. But it may lack eigenvalues. 
If $H=\ell^2(\mathbb N)$ and $R$ is the shift
$$
R(a_1,a_2,\ldots)=(0,a_1,s_2,\ldots),
$$
then $R$ has no eigenvalues. It's spectrum, though, is $\{\lambda:\ |\lambda|\leq1\}$. The easiest way to see it is to consider the left shift 
$$
L(a_1,a_2,\ldots)=(a_2,a_3,\ldots).
$$
For any $\lambda$ with $|\lambda|<1$, one can check that $\lambda$ is an eigenvalue of $L$ with eigenvector $(\lambda,\lambda^2,\lambda^3,\ldots)$. As the spectrum is closed and $\|L\|\leq1$, one deduces that $$\sigma(L)=\{\lambda:\ |\lambda|\leq1\}.$$
Then
$$
\sigma(R)=\{\bar\lambda:\ \lambda\in\sigma(L)\}=\{\lambda:\ |\lambda|\leq1\}.
$$
