Air Chief Marshall Mr Idris Hasan Latif is no more. I have been privileged and fortunate to know and handle his finances as far back as in 1996 when I was a greenhorn in Financial Advisory. When I was handpicked to handle him, I shuddered. The first time I met him and his learned wife Madam Bilkees Latif at the bungalow which is now Saakshi TV Headquarters, I was floored by his hospitality, his congeniality and his charms. Wonderful imported tea, foreign cookies and elaborate spreads used to greet me every time I met him. Even though his office was a stone's throw from my office @ Karvy, meeting him meant comprehensive, nerve-wracking preparation and unmissable punctuality. All those meetings steeled my greenhorn ways into becoming Pro at work, very early in my career. Everything from writing out his name to the way you spell had to be spick n span. You put an extra "S" into Hasan or you miss the AIR CHIEF MARSHALL in reference, you get a glare that will shame you. Taught me a lot about professionalism, importance of name as wished to be written by a client, knowledge as a conversational input and the relentless need to be punctual as well as expedient. He kept minutes of the meeting as detailed as I and was cordial but firm in reprimanding on slippages in service. There was one complaint made against me for some shares not being dematerialized for which Karvy was not the registrar. Once again braced me up for pacing my speed of followup and expediency. Mutual Funds were just about to take off those days but somehow I felt despite the frenzy for Morgan Stanley Mutual Fund, I must not give Mr Latif the application and hardsell. I used to tell him, " Your portfolio has the best of the bluechips that is the envy of even fund managers. Don't sell it now. Sell it when you think you won't have time and energy to manage yourself." Neither did I tell him to put money into many of the Fixed Deposits marketed aggressively by Karvy which went kaput later. Mr Latif appreciated my advice and my convictions in simplifying but not over-complicating the portfolio with needless risks and diversifications. His family way back in the nineties itself was a global family - sons and daughters in China, US with foreign citizens as daughter-in-law and sons-in-law. He had the most exquisite artifacts sourced from all over the world from days of travel in Airforce to the days of being a French Ambassador.
His command over languages, English, French, Hindi, Urdu, Persian and bits of Telugu was inspiring. Years later, it inspired me to learn French when I was working for a french bank BNP Paribas almost the same way he taught himself when he moved to Paris. He used to maintain a lovely collection of books most of them coffee table books and inspiring biographies. Some of the less-important ones were kept on the staircases dotting the steps. He maintained pets, mostly cats and dogs and plenty of birds safely protected from the canine creatures in a separate aviary in the backyard of his house. Madam Latif always greeted me to acknowledge my presence and perhaps moved away to do her chores, of which I later gathered were mostly writerly. Her books on cooking and remembrances of things motherly have been iconic best-sellers. Throughout their lives, Mr Latif and Mrs Bilkees Latif were never apart from each other and even to the parties and rendezvous events, they were in it together, mostly seated in the first or primordial row.
Mr Latif was also a raconteur and sharp-witted but never slighted the guest. Those days, I used to drive an LML Vespa. And he had already few cars parked at the front of his house. For all others his guard kept the door closed for business disposed from inside but for me he instructed my Vespa be driven right inside and parked next to his cars. His kindness and goodness bowled me over and taught me that treat everyone with respect and dignity of a human being. What is small today can be large tomorrow. Years later when I met him, he told me he sold all his shares plonked into Mutual Funds and he is quite happy with the returns. He appreciated the thought that I told him that one day Mutual Funds will be as big as shares and until the variety improves, stick to your stocks. We met a couple of times later after he moved away from that sprawling bungalow on Road No.1 to a place not afar on Road no.2. But I will always admireAir Chief Marshall Mr Idris Hasan Latif for the things he taught me, the way he treated me when I was small and for the opportunity to learn. I wish he ascends to Jannat in peace and happiness from a life so richly lived. One of the privileges of being a Financial Advisor is the free entry pass you get inside the lives of the rich, the famous and the most successful. Air Chief Marshall Latif Sir was all of that. A lot of the ninety five years of his life has a load of lessons. I hope his children will put his life's work in publishing domain.
#AirChiefMarshallIdrisHasanLatif #IdrisHasanLatif #BilkeesLatif #CitizensOfHyderabad #LessonsOnWealthAdvisoryFromClients
His command over languages, English, French, Hindi, Urdu, Persian and bits of Telugu was inspiring. Years later, it inspired me to learn French when I was working for a french bank BNP Paribas almost the same way he taught himself when he moved to Paris. He used to maintain a lovely collection of books most of them coffee table books and inspiring biographies. Some of the less-important ones were kept on the staircases dotting the steps. He maintained pets, mostly cats and dogs and plenty of birds safely protected from the canine creatures in a separate aviary in the backyard of his house. Madam Latif always greeted me to acknowledge my presence and perhaps moved away to do her chores, of which I later gathered were mostly writerly. Her books on cooking and remembrances of things motherly have been iconic best-sellers. Throughout their lives, Mr Latif and Mrs Bilkees Latif were never apart from each other and even to the parties and rendezvous events, they were in it together, mostly seated in the first or primordial row.
Mr Latif was also a raconteur and sharp-witted but never slighted the guest. Those days, I used to drive an LML Vespa. And he had already few cars parked at the front of his house. For all others his guard kept the door closed for business disposed from inside but for me he instructed my Vespa be driven right inside and parked next to his cars. His kindness and goodness bowled me over and taught me that treat everyone with respect and dignity of a human being. What is small today can be large tomorrow. Years later when I met him, he told me he sold all his shares plonked into Mutual Funds and he is quite happy with the returns. He appreciated the thought that I told him that one day Mutual Funds will be as big as shares and until the variety improves, stick to your stocks. We met a couple of times later after he moved away from that sprawling bungalow on Road No.1 to a place not afar on Road no.2. But I will always admireAir Chief Marshall Mr Idris Hasan Latif for the things he taught me, the way he treated me when I was small and for the opportunity to learn. I wish he ascends to Jannat in peace and happiness from a life so richly lived. One of the privileges of being a Financial Advisor is the free entry pass you get inside the lives of the rich, the famous and the most successful. Air Chief Marshall Latif Sir was all of that. A lot of the ninety five years of his life has a load of lessons. I hope his children will put his life's work in publishing domain.
#AirChiefMarshallIdrisHasanLatif #IdrisHasanLatif #BilkeesLatif #CitizensOfHyderabad #LessonsOnWealthAdvisoryFromClients
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