Kapil Sibal Quotes

Most people sell stock to pay taxes, but I didn't want to sell any stock.

If you talk to a top accountant about his field of expertise, it's mind-boggling.

I want to have a bank account that represents me being a pro athlete.

I have good people around me who guide me, tell me where I should put my money.

When you first come in the NBA, you have a lot of conversations about saving your money, financially educating yourself, not just trusting whoever it is handling your money, not just having those meetings once a year, and not really putting the effort into learning the same way you learn your craft on the court.

I've made a lot of money, and more importantly, I've saved a lot of money.

It was only when I started handling Treasury Operations that I realised all of a sudden just how much wealth we have. That is a huge responsibility, so I decided to get on with it and learn how to manage it, because I am a single child and have no siblings to share the responsibility with.

Investing isn't a game to be won. At the end of the day, it's a way to achieve your big goals, like buying that home, starting that business, and retiring on your own terms.

VCs are good at asking questions.

If you look at Apple... They are sitting on hundreds of billions of dollars in cash, and they go out and borrow money against their overseas bank accounts. This makes no sense.

You want to make sure you're aware of who's dealing with your money, what it's doing, and how you can save.

It's staggering how many players, even with the sums of money they make, don't do a great job of saving it.

Personally, I had made a good amount of dough for a 30-year-old guy, but I didn't know a thing about money. I'm not a dumb guy, but I couldn't figure them out.

If I have an accountant that just reports I just invested $10 million in my business, and he doesn't exactly itemize where every cost goes, it gives a flag to the government. They want to make sure that the reason I'm not paying taxes is because I'm reinvesting in these businesses and not trying to hide stuff.

As a real estate investor, you're ultimately accountable to you and your checkbook. Of course, you will need to stay on top of your local coding regulations and ordinances. But once you get the hang of it, you really shouldn't have any problems with ordinances.

Wealth management businesses are capital light businesses.

I'm not a money guy.

Most financial questions don't have one right answer - just an answer that's right for you.

Think about all of the non-entrepreneurial advice and resources you need when building a company. You need lawyers, accountants, financial experts.

If being in a band was my job, then I would quit. This is not a good job. A good job is in financial management.

Now they got such a high inheritance tax on 'em that you won't catch these old rich boys dying promiscuously like they did. This bill makes patriots out of everybody. You sure do die for your country if you die from now on.

Let's talk about how to fill out your 1984 tax return. Here's an often overlooked accounting technique that can save you thousands of dollars: For several days before you put it in the mail, carry your tax return around under your armpit. No IRS agent is going to want to spend hours poring over a sweat-stained document. So even if you owe money, you can put in for an enormous refund and the agent will probably give it to you, just to avoid an audit. What does he care? It's not his money.

Day in and day out, your tax accountant can make or lose you more money than any single person in your life, with the possible exception of your kids

As far as my tax returns, you don't learn that much from tax returns.

Now, people have a hard time understanding how taxes work.