Stephen Duneier

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Stephen Duneier
Stephen Duneier, CEO Bija Advisors.png
BornJuly 1967 (1967-07) (age 56)
Brooklyn, New York [1]
Education MBA in finance and economics
Alma mater New York University, Stern School of Business
Occupation(s)Founder and CEO of Bija Advisors LLC, Lecturer at University of California, Artist, Author
Known forIncorporating Cognitive Science with Investment Management, [2] Yarnbombing in the Wilderness, [3] Extreme Goal Achievement
SpouseBarbara
Website yarnbomber.com

Stephen Duneier is an American professional investment manager, strategy consultant, speaker, lecturer, author, artist and Guinness World Record holder.

Contents

Education

Duneier attended the University of Florida from 1985 to 1987 before leaving to pursue a career in financial management with Drexel Burnham Lambert and then Prudential-Bache. He finished his undergraduate education at Florida Atlantic University with a BBA in finance and economics and received an MBA in finance and economics from New York University's Stern School of Business. [4]

Career in finance

While still attending graduate school at NYU, Duneier worked as a foreign exchange option trader specializing in exotic derivatives at Credit Suisse in New York City. He was later hired by Bank of America to expand their foreign exchange business into European crosses and Emerging Markets and eventually promoted to Global Head of Currency Option Trading. Soon after Bank of America merged with Nations Bank, Duneier moved to AIG International where he was eventually named managing director in charge of Emerging Markets trading and based out of London, England. In 2002, Duneier launched a proprietary trading portfolio known as "TIP" for AIG International. [5] Shortly after the firm merged with Banque AIG, Duneier became a global macro portfolio manager at London Diversified Fund Management in London and later at Peloton Partners in Santa Barbara, California. [6] In 2008, he was one of the founding partners at Grant Capital Partners [7] which grew to $1.25 billion in assets under management. [8] He left in 2012 to launch Bija Capital Management and eventually Bija Advisors LLC, a consulting firm which advises experienced hedge fund managers, CIO's and asset allocators. Through Bija Advisors, he speaks on and publishes a subscription based newsletter covering topics on economics, [9] [10] cognitive science, [11] and investment management. [12] [13] Duneier's book, AlphaBrain was released in March 2019 (Wiley & Sons).

Career as a cognitive science practitioner

In 2001, Duneier began to apply his approach to decision making, which he calls "Bija", to his personal life, leading to a long string of eccentric goals and resolutions being set and achieved. [14] In 2012, it reached fever pitch when he embarked upon 12 for 2012, [15] a New Year's resolution which included 12 Learning Resolutions and 12 Giving Resolutions. [16] As part of his resolutions, he has performed at comedy clubs; learned to fly a helicopter; climbed iced waterfalls; raced cars; had root canal without anesthetic; learned to speak German; read 50 books in 52 weeks; [17] participated in the Pier to Peak half marathon; learned to unicycle; used jumping stilts to hike; fostered a pit bull; built homes for families in Arizona; learned ballroom dancing, how to drum, slackline, parkour, skydive; and flown planes aerobatically. [18]

He set the Guinness World Record for the largest crocheted granny square. It is 1,311 square feet, incorporates more than 30 miles of yarn and weighs over 60 pounds. It took 2 years, 7 months and 17 days to create, and required more than 500,000 double crochet stitches. [19] [20] [21] [22]

Duneier now speaks [23] and writes about his experience and how others can take what we have learned from research conducted in the field of cognitive science in order to make better decisions and achieve bigger goals. [24]

Career as a lecturer

Duneier teaches undergraduate and graduate level courses on Decision Analysis in the College of Engineering at the University of California in Santa Barbara. [25]

40 ft tall eucalyptus tree 2.6 miles up the Cold Spring Trail wrapped with yarn. Cold Spring Yarnbomb Installation by Stephen Duneier.JPG
40 ft tall eucalyptus tree 2.6 miles up the Cold Spring Trail wrapped with yarn.

Career as an artist

Duneier is an installation artist, part of the fiber-art movement known as Yarnbombing. [26] His installations exist for just 9 days typically in Los Padres National Forest. [27]

As part of his 2012 resolution to learn 12 new skills, Duneier learned how to knit. His first project was the covering of a 40-foot tall eucalyptus tree, 2.6 miles up the Cold Spring Trail in Santa Barbara, California. [28] It required 450 square feet of knitted material. The installation remained for just 9 days and all material used was donated to Warm Up America, a charity in North Carolina.

The following year he wrapped a massive boulder atop the Saddlerock hiking trail above Montecito, California. [29]

Photo of the 2013 yarnbomb installation by Stephen Duneier atop Saddlerock in the mountains above Montecito California. Saddlerock Yarnbomb by Stephen Duneier.jpg
Photo of the 2013 yarnbomb installation by Stephen Duneier atop Saddlerock in the mountains above Montecito California.

His third installation was a large spiderweb made out of yarn which covered Sasquatch Cave in The Playgrounds at Lizard's Mouth.

Sasquatch Cave at Lizards Mouth in Santa Barbara California Spiderweb Yarnbomb Installation by Stephen Duneier.JPG
Sasquatch Cave at Lizards Mouth in Santa Barbara California

For his fourth installation, Duneier created a giant starfish made with reflective yarn from Red Heart Yarns and hung it 40 feet above the Seven Falls Trail.

Seven Falls Trail in the mountains of Santa Barbara California Starfish Yarnbomb Installation by Stephen Duneier.jpg
Seven Falls Trail in the mountains of Santa Barbara California

His fifth installation occurred at Santa Barbara City College where he laid out nearly 2,500 square feet of knitted and crocheted pieces on their lawn.

2,500 square feet of knitted and crocheted material laid out at SBCC in Santa Barbara. SBCC Yarnbomb by Stephen Duneier.PNG
2,500 square feet of knitted and crocheted material laid out at SBCC in Santa Barbara.
18 massive boulders wrapped with yarn at Lizard's Mouth in Los Padres National Forest above Santa Barbara, CA. Lizards Mouth Yarnbomb by Stephen Duneier.jpg
18 massive boulders wrapped with yarn at Lizard's Mouth in Los Padres National Forest above Santa Barbara, CA.

For his sixth installation, he invited fiber artists from around the world to collaborate with him by sending crocheted and knitted pieces of any size, shape, color and style to participate. He received contributions from 388 artists in 36 countries and all 50 US States. Combined with his own work, he wrapped 18 giant boulders at Lizards Mouth [30] in the Los Padres National Forest above Santa Barbara in California.

10 aliens and 24 tents covered with yarn line the canyon at Davey Brown Trailhead above Santa Ynez in California. Alien Campsite yarnbomb installation by Stephen Duneier.jpg
10 aliens and 24 tents covered with yarn line the canyon at Davey Brown Trailhead above Santa Ynez in California.

His most recent project was called the Alien Campsite [31] where he incorporated additional materials including fiberglass, wood, and metal in addition to yarn. [32] He created 10 aliens and 24 tents for the installation which lasted just 36 hours before being ripped apart by high winds in the canyon. The installation was permitted by the US Forest Service for the area just below the Davey Brown Trailhead. It incorporated Duneier's own work plus contributions from 656 fiber artists from 41 countries and all 50 states. [33] Duneier's work is represented by the Sullivan Goss Gallery. [34]

As part of his stated mission to build a global community of kind and creative people, [35] Duneier hosts the Yarnbomber podcast in which he features interviews with famous yarnbombers from around the world including Carol Hummel, London Kaye and Jessie Hemmons. [36]

See also

Related Research Articles

Crochet is a process of creating textiles by using a crochet hook to interlock loops of yarn, thread, or strands of other materials. The name is derived from the French term crochet, meaning 'hook'. Hooks can be made from a variety of materials, such as metal, wood, bamboo, bone or plastic. The key difference between crochet and knitting, beyond the implements used for their production, is that each stitch in crochet is completed before the next one is begun, while knitting keeps many stitches open at a time. Some variant forms of crochet, such as Tunisian crochet and broomstick lace, do keep multiple crochet stitches open at a time.

<span class="mw-page-title-main">Knitting</span> Method of forming fabric

Knitting is a method for production of textile fabrics by interlacing yarn loops with loops of the same or other yarns. It is used to create many types of garments. Knitting may be done by hand or by machine.

<span class="mw-page-title-main">Yarn</span> Long continuous length of interlocked fibres

Yarn is a long continuous length of interlocked fibres, used in sewing, crocheting, knitting, weaving, embroidery, ropemaking, and the production of textiles. Thread is a type of yarn intended for sewing by hand or machine. Modern manufactured sewing threads may be finished with wax or other lubricants to withstand the stresses involved in sewing. Embroidery threads are yarns specifically designed for needlework. Yarn can be made of a number of natural or synthetic materials, and comes in a variety of colors and thicknesses. Although yarn may be dyed different colours, most yarns are solid coloured with a uniform hue.

<span class="mw-page-title-main">Textile arts</span> Form of arts and crafts using fibers

Textile arts are arts and crafts that use plant, animal, or synthetic fibers to construct practical or decorative objects.

<span class="mw-page-title-main">Knitting needle</span>

A knitting needle or knitting pin is a tool in hand-knitting to produce knitted fabrics. They generally have a long shaft and taper at their end, but they are not nearly as sharp as sewing needles. Their purpose is two-fold. The long shaft holds the active (unsecured) stitches of the fabric, to prevent them from unravelling, whereas the tapered ends are used to form new stitches. Most commonly, a new stitch is formed by inserting the tapered end through an active stitch, catching a loop of fresh yarn and drawing it through the stitch; this secures the initial stitch and forms a new active stitch in its place. In specialized forms of knitting the needle may be passed between active stitches being held on another needle, or indeed between/through inactive stitches that have been knit previously.

<span class="mw-page-title-main">History of knitting</span> History of knitting

Knitting is the process of using two or more needles to pull and loop yarn into a series of interconnected loops in order to create a finished garment or some other type of fabric. The word is derived from knot, thought to originate from the Dutch verb knutten, which is similar to the Old English cnyttan, "to knot". Its origins lie in the basic human need for clothing for protection against the elements. More recently, hand knitting has become less a necessary skill and more of a hobby.

<span class="mw-page-title-main">Nålebinding</span> Single-needle textile netting technique that predates knitting and crochet

Nålebinding is a fabric creation technique predating both knitting and crochet. Also known in English as "knotless netting", "knotless knitting", or "single-needle knitting", the technique is distinct from crochet in that it involves passing the full length of the working thread through each loop, unlike crochet where the work is formed only of loops, never involving the free end. It also differs from knitting in that lengths must be pieced together during the process of nålebinding, rather than a continuous strand of yarn that can easily be pulled out. Archaeological specimens of fabric made by nålebinding can be difficult to distinguish from knitted fabric.

<span class="mw-page-title-main">Acrylic fiber</span> Synthetic fiber made from polymer

Acrylic fibers are synthetic fibers made from a polymer (polyacrylonitrile) with an average molecular weight of ~100,000, about 1900 monomer units. For a fiber to be called "acrylic" in the US, the polymer must contain at least 85% acrylonitrile monomer. Typical comonomers are vinyl acetate or methyl acrylate. DuPont created the first acrylic fibers in 1941 and trademarked them under the name Orlon. It was first developed in the mid-1940s but was not produced in large quantities until the 1950s. Strong and warm, acrylic fiber is often used for sweaters and tracksuits and as linings for boots and gloves, as well as in furnishing fabrics and carpets. It is manufactured as a filament, then cut into short staple lengths similar to wool hairs, and spun into yarn.

<i>Amigurumi</i> Japanese craft of knitting or crocheting small, stuffed yarn creatures

Amigurumi is the Japanese art of knitting or crocheting small, stuffed yarn creatures. The word is a compound of the Japanese words 編み ami, meaning "crocheted or knitted", and 包み kurumi, literally "wrapping", as in 縫い包み nuigurumi "(sewn) stuffed doll". Amigurumi vary in size and there are no restrictions about size or look. While the art of amigurumi has been known in Japan for several decades, the craft first started appealing to the masses in other countries, especially in the West, in 2003. By 2006, amigurumi were reported to be some of the most popular items on Etsy, an online craft marketplace, where they typically sold for $10 to $100.

The manufacture of textiles is one of the oldest of human technologies. To make textiles, the first requirement is a source of fiber from which a yarn can be made, primarily by spinning. The yarn is processed by knitting or weaving, which turns yarn into cloth. The machine used for weaving is the loom. For decoration, the process of colouring yarn or the finished material is dyeing. For more information of the various steps, see textile manufacturing.

Shannon Okey is an American writer and knit designer.

<span class="mw-page-title-main">Knitta Please</span> American art group

Knitta Please, also known as simply Knitta, is the group of artists who began the "knit graffiti" movement in Houston, Texas in 2005. They are known for wrapping public architecture—e.g. lampposts, parking meters, telephone poles, and signage—with knitted or crocheted material, a process known as "knit graffiti", "yarn storming" or "yarnbombing". The mission is to make street art "a little more warm and fuzzy."

Hand knitting is a form of knitting, in which the knitted fabric is produced by hand using needles.

<span class="mw-page-title-main">Ravelry</span> Yarnworking social network

Ravelry is a free social networking service and website that beta-launched in May 2007. It functions as an organizational tool for a variety of fiber arts, including knitting, crocheting, spinning and weaving. Members share projects, ideas, and their collection of yarn, fiber and tools via various components of the site.

<span class="mw-page-title-main">Olek (artist)</span> Polish-born artist, born 1978

Agata Oleksiak, known as Olek, is a Polish artist who is based in New York City. Their works include sculptures, installations such as crocheted bicycles, inflatables, performance pieces, and fiber art. They have covered buildings, sculptures, people, and an apartment with crochet and have exhibited in the United States, United Kingdom, Germany, Brazil, Turkey, France, Italy, Poland, and Costa Rica.

<span class="mw-page-title-main">Yarn bombing</span> Type of graffiti or street art

Yarn bombing is a type of graffiti or street art that employs colourful displays of knitted or crocheted yarn or fibre rather than paint or chalk. It is also called wool bombing, yarn storming, guerrilla knitting, kniffiti, urban knitting, or graffiti knitting.

<span class="mw-page-title-main">Knit the City</span> London knitting group

Knit the City is a group of "graffiti knitting and crochet" street artists founded in London, England in 2009. The collective is credited with being the first to go beyond the simple 'cosies' of early graffiti knitting to tell 'stitched stories', using knitted and crochet amigurumi creatures and objects in their public installations. This practice has been taken up by groups internationally.

<span class="mw-page-title-main">Eisaku Noro Company</span>

Eisaku Noro Company, Ltd. is a yarn manufacturer located in the Aichi Prefecture of Japan. The company produces yarns for handcrafting under the Noro brand name, as well as machine yarns for textile production using the Eisaku Noro label. The company was founded over forty years ago by Eisaku Noro. The handcrafting yarns in particular are well known for their vivid colors and combinations of diverse fiber types. They differ from a number of other manufactured yarns in the industry by having lengthier spans of color in the runs, causing distinctive striping patterns, as well as being partially spun by hand versus being produced completely by machines. In 2012, Noro Knitting Magazine initiated publication, which features knit and crochet patterns specifically designed for use with the yarns.

<span class="mw-page-title-main">Yarnbombing Los Angeles</span>

Yarnbombing Los Angeles (YBLA) is a group of guerrilla knitters that have been collaborating since 2010. They are based at the 18th Street Arts Center in Santa Monica, California. YBLA stages public installation art and performances to help expand the definition of public art to embrace street art, Urban Interventionism and ephemera. Collaborative art making, community building, public outreach, blurring boundaries between contemporary art practices, graffiti and craft are integral components to YBLA's practice.

<span class="mw-page-title-main">The Tempestry Project</span> Arts project promoting climate change awareness

The Tempestry Project is a collaborative fiber arts project that presents global warming data in visual form through knitted or crocheted artwork. The project is part of a larger "data art" movement and the developing field of climate change art, which seeks to exploit the human tendency to value personal experience over data by creating accessible experiential representations of the data.

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