# Prof. Jim Liew on hedge fund strategies

1 Faculty News January 11, 2012 ![Reuters logo](/sites/default/files/styles/246w/public/assets/images/con_030503.jpg?itok=0OAgrDF0)>

Excerpt from [Reuters](http://www.reuters.com/article/2012/01/11/us-hedgefunds-idUSTRE80A1CV20120111) -- "'Investors anoint a new hedge fund demi-god all the time,' said professor [Jim Liew](http://www.stern.nyu.edu/faculty/bio/jim-liew), who teaches hedge fund strategies at New York University's Stern School of Business. 'But they are bound to be disappointed because the rule of thumb is that a manager who can be up 40 percent one year can be down 40 percent the next. They are absolutely human.'"

[Read more](http://www.reuters.com/article/2012/01/11/us-hedgefunds-idUSTRE80A1CV20120111)