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Here's what a top-paid hedge fund manager, Stephen Mandel, is betting on

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Traders work on the floor of the New York Stock Exchange
Lucas Jackson | Reuters

Billionaire hedge fund manager Stephen Mandel founded Lone Pine Capital 23 years ago and boasts one of the best long-term track records in the industry.

The all-star manager made nearly $1 billion last year, one of the top earners among the world's biggest hedge fund managers. Here's a look at what he's betting on.

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