What is your portfolio's annualized returns?
It is higher than S&P500 in USD or EUR for now, hedge fund index or whatever. I just try to realize a positive absolute return. That is why I have more special situations, when the market looks expensive. I do not think the returns matter that much without other measures like sharpe ratio. Although I believe to have below average risk, because of concentration and higher volatility this can look bad on risk measures like sharp ratio.