# Prof. Stephen Brown on selecting a hedge fund

1 Faculty News August 24, 2012 ![Wall Street Journal logo](/sites/default/files/styles/246w/public/assets/images/wsjlogo.jpg?itok=5Qt0z3WX)>

Excerpt from [The Wall Street Journal](http://online.wsj.com/article/SB10000872396390444082904577605240804189020.html?mod=googlenews_wsj) -- "Some red flags include using little-known accounting firms, relying on internal models to value assets and trading through in-house brokerages, says [Stephen Brown](http://www.stern.nyu.edu/faculty/bio/stephen-brown), a finance professor at New York University's Stern School of Business."

[Read more](http://online.wsj.com/article/SB10000872396390444082904577605240804189020.html?mod=googlenews_wsj)