Barron's Interview Defiance Asset Management

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ROBERT MARCIN HAS NEVER BEEN SHY ABOUT EXPRESSING an opinion. As an equity manager for Miller, Anderson & Sherrerd in the 1990s, Marcin didn't shrink from taking on mediocre CEOs or fickle Wall Street analysts. Marcin started Defiance Asset Management in 2004. The firm, which now runs more than $500 million, has a hedge-fund structure and goes long and short stocks. Marcin specializes in finding high-growth companies whose shares trade at low price/earnings ratios. That combination isn't easy to find. Marcin also is good writer, penning lively investment-oriented columns periodically for the Street.com.

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