Balance Equals: Robert W. Baird & Co. remains strong and ahead of the market despite economic volatility.

Buyside, April, 2002 by Chensvold, Christian M.

While everyone longs for the return of the bulls, Robert W. Baird & Co.'s Director of Research Bob Venable says working in a recession is more exciting and challenging.

Everyone knows that doing well in a good year isn't exactly as easy as falling off a log, but Venable might agree that doing well in challenging times -- and liking it -- should be the litmus test of the markets. "It requires us to be a lot sharper, to ask tougher questions," he says, "and I think it creates more opportunities for us to add value. It's made everyone a better analyst."

The analysts may be getting better, but most buy-siders know they were already good. In 1999, Nelson's rated Robert W. Baird the sixteenth most-active firm in the world based on the number of research...

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