On todays podcast I am happy to have hosted Dominique Mielle, Former partner and Senior Portfolio manager at Canyon Capital, a $25 billion hedge fund and author of the recently released book “Damsel in Distressed: My Life in the Golden Age of Hedge Funds”.On the podcast we talk about her book, why investing requires imagination, how a good deal is a deal where no one is happy and the state of the current Hedge Fund industry. I hope you enjoy!Buy the book here - Amazon - https://www.amazon.co.uk/Damsel-Distressed-Golden-Hedge-Funds/dp/1642939722/Kindle - https://www.amazon.co.uk/Damsel-Distressed-Golden-Hedge-Funds-ebook/dp/B0988B7HSC/0:00 - Introduction0:50 - Influence for writing the book?2:20 - Mystique behind Hedge Funds3:55 - Why investing requires imagination?6:59 - A good deal is a deal where no one is happy9:30 - Why was distressed investing so profitable between 2000-200812:40 - Losing Trades15:10 - Losses Happening early in your career16:30 - Advice for people entering the industry?19:45 - Hard getting into the industry20:20 - Why are distressed investors not ‘vultures’?23:55 - Excitement from a great investment24:40 - How has the hedge fund industry evolved over the past 20 years?28:00 - Too much money chasing too few assets31:09 - What is your prediction for the future of Hedge Funds?Dominique spent twenty years as a partner and senior portfolio manager at Canyon Capital. In 2017, she was named of the “50 Leading Women in Hedge Funds” by the Hedge Fund Journal and E&Y.Dominique was one of the only senior women in the hedge fund business and played a key role in complicated bankruptcies, serving as leading creditor’s committee member for Puerto Rico, and restructuring committee member for U.S airlines in the wake of the September 11 attacks.Dominique - Website - https://dominiquemielle.com/LinkedIn - https://www.linkedin.com/in/dominique-mielle/Twitter - https://twitter.com/dominiquemielleWTFinance - Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfnTikTok - https://vm.tiktok.com/ZMeUjj9xV/iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/Twitter - https://twitter.com/AnthonyFatseas