Barron's Recap: Cues from Cooperman

" by Lawrence C. Strauss. This article says that Leon Cooperman, chairman and CEO of Omega Advisors, takes pride in being a demanding boss. "You have to be on the balls of your feet at all times," he is quoted as saying. And it has paid off for investors. His Omega Overseas Partners hedge fund has seen average annual returns of 14.3 percent since 1992, compared to 8.6 percent for the S&P 500. The returns have averaged 15.6 percent over the past three years, and the fund was up a remarkable 30 percent last year. The article tells how Cooperman stays on top in investing and philanthropy. See how he came back from a "drubbing" in the financial crisis of 2008, and why the fund has an eye on

). Its profits have been exceeding forecasts, and its shares could rise as much as 20 percent. Jack Hough's "Hold the Phone -- Europe's Telecoms Look Like a Bargain" says it is not yet time to hang up on the European telecoms, even though they have put infrastructure spending on hold, which has caused their technology -- and share prices -- to fall behind. Tencent is China's Facebook, Twitter, Zynga and Tumblr all rolled into one, says "China's King of All Social Media" by Reshma Kapadia. The company is pushing hard into e-commerce. See how the company stays on top and why its shares could rise 20 percent. "The Unknown Life Insurer" by Andrew Bary suggests that life-insurer and retirement-services company

). Christopher C. Williams's "A Model Approach" is a profile of John Chisholm of Acadian Emerging Markets fund. Chisholm uses a quantitative model to uncover undervalued stocks with good growth potential in countries that have supportive monetary policies. "Here Comes Fannie Feel-Good" is an editorial commentary by Thomas G. Donlan in which he suggests that it is time to wake up from the American Dream of subsidized mortgages. Also, tax officials have no business monitoring speech, political or otherwise.