Old habits die hard, and the collection I keep is alive and well. Some rituals are as plain as porridge, which isn't to say I'm known for habitually eating breakfast. No, my mornings commence with hot black coffee and public radio; I wear the colour black almost exclusively and I'm a compulsive flosser.
Other rituals range from the eccentric to the intrusive. On the behavioural end of things, I've honed procrastination into an art form. Also, my need to double-check the cooker's gas burners after a dinner borders on obsessive-compulsive.
Our daily lives are peppered with routines both unconscious and deliberate. These regimens both embody and relieve the tedium of the day's joys and toils. They reduce the need to plan and to focus hard on things to which we've grown accustomed or attached.
Recently, I found the food diary I had kept for a graduate school nutrition class. We were required to update it daily for the entire semester, recording every morsel we ingested. While flipping through it, I realised that, aside from coffee, I rarely eat the same meal more than once a week. Breakfasts could consist of anything - if anything at all: leftovers at home, an omelette at a diner, a muffin from the coffee shop, an apple, an ibuprofen - or just coffee and the paper.
Each passing year, my pursuit of experiences that fascinate and intrigue has ebbed to accommodate new priorities, people, places and possibilities; ones I find nourishing and fulfilling in more primal ways. Doing things that are interesting has become less important than doing things that are excellent.
And although it has taken me a while to figure it out, my love of food is very much about a love of novelty and surprise. It's a love that lies in the balance between fascination and nourishment, both of which I crave. I don't think I'm alone in this, and it sometimes strikes me as being contrary to today's accelerated neurotic culture of wanting - and getting - progressively more control over our lives and the things within them.
Decision-making is inherently stressful, more so for some people than others. Even something as simple as going out for ice cream can be stressful when the stack of tiny tasting spoons is piling up and you still can't choose between the coffee toffee crunch and the caramel fudge swirl.
Our intrinsic love of novelty is easily manipulated, because presentation and packaging can be so deceiving. For many, the idea of succumbing to chance is uncomfortable. We're obsessed with making the wrong choices. Would that be an issue if we had fewer choices?
Choice is a divisive issue. When it comes to menus, I'm pro-choice only on principle. My nature is conservative. Why? Because I hate navigating encyclopedic menus when I know there's no way the kitchen can execute all the dishes equally well; I just want the inferior dishes weeded out and the menu rewritten.
Conversely, I know people who balk at the idea of eating at small restaurants with only one or two main courses on the menu, even with the promise of those dishes being perfectly fresh, seasonal and delicious. Most people prefer choice over chance, even if the former is guaranteed to be mediocre and the latter has the potential to be fantastic.
There are many reasons for this. One is simply that we're spoiled; we want to be able to waltz into a supermarket in January and walk out with tomatoes if that's what we feel like eating. Another reason is that having multiple choices is a symbol of status, and we're so conditioned to paradigms that glorify choice and its implicit luxury that we have a blind spot for choice as a liability, which it can be.
With the insidious abundance of metaphors about life's open doors, it should follow that there's an abundance of metaphorical dust and debris that can enter through them.
Is the obsession with making the right choice generational? My peers and I worry about finding the "right" job, the "right" partner, the "right" home. My best friend from college has such a paralytic phobia about decision-making that he devised a method of obtaining his supplies, which he calls "aleatoric shopping".
Repelled by the relentless rows of novelties, he separates his shopping needs into categories - meat, cheese, veg, soap, for example - then simply buys the first item within reach or whatever is on sale. He applies this tactic to every category on the list and is in and out of the shop in minutes.
It's certainly true that if you give the same chocolate chip cookie recipe, ingredients and baking assignment to 50 home cooks, none of the final results will resemble any other.
Something that is worth noting about variation and diversity in life is that we have a tendency to believe that they will bring a greater chance of randomness and spontaneity into our lives, but in fact, there is a tipping point beyond which everything is reduced to the lowest common denominator.
At critical mass, diversity becomes its very opposite, a colossal watering down of the things that set individuals apart.
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
Emergency
Director: Kangana Ranaut
Stars: Kangana Ranaut, Anupam Kher, Shreyas Talpade, Milind Soman, Mahima Chaudhry
Rating: 2/5
MATCH INFO
Manchester City 6 Huddersfield Town 1
Man City: Agüero (25', 35', 75'), Jesus (31'), Silva (48'), Kongolo (84' og)
Huddersfield: Stankovic (43')
The bio
Studied up to grade 12 in Vatanappally, a village in India’s southern Thrissur district
Was a middle distance state athletics champion in school
Enjoys driving to Fujairah and Ras Al Khaimah with family
His dream is to continue working as a social worker and help people
Has seven diaries in which he has jotted down notes about his work and money he earned
Keeps the diaries in his car to remember his journey in the Emirates
Skewed figures
In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458.
COMPANY%20PROFILE
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Messi at the Copa America
2007 – lost 3-0 to Brazil in the final
2011 – lost to Uruguay on penalties in the quarter-finals
2015 – lost to Chile on penalties in the final
2016 – lost to Chile on penalties in the final
TV: World Cup Qualifier 2018 matches will be aired on on OSN Sports HD Cricket channel