# Professor Stephen Brown looks at the risks associated with smaller hedge funds

1 Faculty News September 8, 2015 ![Wall Street Journal logo](/sites/default/files/styles/246w/public/assets/images/wsjlogo.jpg?itok=5Qt0z3WX)>

Excerpt from [The Wall Street Journal](http://www.wsj.com/articles/when-chaos-hits-small-hedge-funds-do-better-1441764704) -- "[Steven Brown](http://www.stern.nyu.edu/faculty/bio/stephen-brown), a professor of finance at New York University’s Stern School of Business, urges caution in acting on the paper’s findings. 'I think there needs to be a lot more work done on this \[hedge fund research\],' he says. 'I would be careful about giving inexperienced funds large contributions.'"

[Read more](http://www.wsj.com/articles/when-chaos-hits-small-hedge-funds-do-better-1441764704)