#Presentation Archives - Financial Planning in Surrey

What are the Twenty Lessons?

Dominic Thomas
April 2026 • 3 min read

What are the Twenty Lessons?

Most marketing people will advocate using a number as a way to increase engagement – seven ways to improve your marketing, five things you need to know about… and so on, as humans we seem to love a list, preferably a short one that’s a prime number. Timothy Snyder’s book On Tyranny has the subtitle “Twenty Lessons from the Twentieth Century” which caught my eye as worth my attention.

There is no denying that we live in challenging times, where truth has become harder to reach and there are so many powerful vested interests determined to treat us like mushrooms, kept in the dark and fed on…

Truth is a big deal in financial planning. It’s the partner of trust, without both – any advice provided needs some considerable investigation. My sector is not known for its transparency, trust or grasp of truth. We have powerful regulation which attempts to ensure that we are. Yet, over the last two decades in particular, I can attest to the fact that many of the advisers I meet are decent people, who are keen to share best practice, have a degree of vulnerability about their need to improve knowledge and admit that they don’t know everything. Most of those I meet, I believe to be trustworthy and genuinely want to help both advisers and clients to make money and investing better understood.

There is even a software package called “Truth” that aims to reveal the truth of your ambitions for your financial decisions.

Sadly, not all are truthful, many will claim to provide financial planning, but are really selling investments, building the engine before even knowing what is required. It’s not easy to tell from a website or indeed when you meet them. There are still a few who are only interested in extracting your wealth for their own benefit and they are occasionally caught.

Aside from the charlatans, who I can do little about, other than pay my regulatory fees which cover their failings and deal with the consequences of mistrust, my main concern is a lack of thinking. Not about products and tax legislation, or indeed sensible solutions, but the eagerness to embrace anything that appears to save time. It is easy not to think, to simply accept narratives of large, powerful players or persona’s and what they say from their platform.

It seems to me that good financial planning is all about helping uncover your values and helping you to achieve and maintain your lifestyle. The one you really want, not the one that vacuous individuals display for you to envy and strive for. All choices come with a consequence and there is a price for every decision – who you love, where you work, live, what you eat, how you exercise, what you read and so on. To pretend that political decisions have no bearing on these things is to fail to appreciate the fragility of the freedoms you currently enjoy, which are certainly under siege. The belief that taxes are always bad, that there are those who don’t deserve help, that we are all ‘self-made’ and need a heavy shot of ‘resilience’, is to miss the point and purpose of what it is to live as a human in a thriving, peaceful community, To be critical is not the same as to criticise.

We can all point to problems, but the real skill is to address root causes, invariably this is envy and greed. Something that is on constant display in our scrolling. Add in a dose of fear and mistrust, a sprinkling of inflammatory words and the rabbit hole opens up to swallow, perhaps consume.

In the context of a ‘good life’, we need a good society and a functioning democracy; something that it seems many advisers forget as they chastise yet another Chancellor whilst failing to pause to consider the source of their information. None of us get it right all the time, but an attitude of thoughtful reflection about vested interests is one that I encourage.

In this book, Snyder draws some uncomfortable lessons from history which have a very current application. He is under no illusions about the problems, but offers some thoughtful hope for facing what needs to be confronted. Snyder is a man who has committed his life to understanding the context of why we tend to war, how to spot the signs and what to do about it. Here are his twenty lessons.

References:

Order a copy, preferably not via Amazon: https://www.worldofbooks.com/en-gb/products/on-tyranny-book-timothy-snyder-9780804190114

Timothy Snyder website: https://timothysnyder.org/

Yale History Department: https://history.yale.edu/people/timothy-snyder

FCA latest fines in 2026: https://www.fca.org.uk/news/news-stories/2026-fines

The sort of bad advice before proper fee charging ushered in from 2013: https://www.thisismoney.co.uk/money/investing/article-1669499/The-true-cost-of-bad-financial-advice.html

What we do: https://www.solomonsifa.co.uk/what-we-do/

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Have You Found Reasons to be Cheerful?

Dominic Thomas
April 2026 • 3 min read

Have You Found Reasons to be Cheerful?

It was a wet, cold March evening as I parked up in Hammersmith and walked across the bridge to the Apollo. A now familiar route that I enjoy with my wife since the closure of the bridge in 2019. This evening we were to see David Byrne in concert, an evening of songs that in truth, we weren’t that familiar with. A missing older brother meant that our first exposure to Talking Heads was the whacky, off-piste videos from their 1985 album Little Creatures and tunes that quickly became ear-worms like And She Was and Road to Nowhere, which introduced us to earlier songs Once in A Lifetime (1981) and Burning Down The House (1983).

The oddity of David Byrne amused me at the time, but I wasn’t in a place to be intrigued enough by his messages at the time; fun tunes but little else. As I’ve aged, read more and become more engaged with difference as a way of making sense of the world, Byrne has come to be a rather engaging subversive optimist, someone who points to the absurd and causes us to think again.

Optimism is needed by all investors, there is little point in investing in future growth if you don’t really believe in much of a future and at the moment, that sense of optimism is being severely challenged by the lunatics and sycophants in the White House. Our once reliable, thoughtful, intelligent allies have reverted to the very worst of failing school bullies. The Trump administration and the couldn’t-care-less way in which they brutally treat people and the planet is deeply depressing. I wake most days hoping for news of his arrest or end, and within the week he has managed to dig even deeper into the depths of depravity.

So I seek out stories of hope, taking minor actions (reading, discussing, writing and protesting) to counteract the mainstream narratives. To make a stand for decency and our sole inhabitable planet. Some days it is harder to do than others. When I meet with clients, the sentiments expressed are of the same exasperation. I have come to rediscover people like Byrne who provide some respite and relief and of course a genuine sense that most people are actually decent, not complicit in a march towards fascism, but struggling to cope with the overwhelming amount of chaos and stupidity on display not simply in the US, but here in the UK and around the world.

Byrne also gives me hope as he turns 74 in May and whilst having some breaks from public attention, has been relentless in his creativity. Byrne took inspiration from Ian Dury (yes the hit me with your rhythm stick, Dury) title Reasons to Be Cheerful (1979) and founded an organisation of the same name which provides stories from around the world that most people would find hopeful. He attempts to counteract the mainstream narratives of division and hatred, building a sense of togetherness and an appreciation for the beauty of life and our planet. So whilst the media and the US regime probably makes many of us feel both despair and disbelief, there are, thankfully many billions of us who have reasons to be cheerful. As you may have read or heard me say, I encourage clients to “tune out the noise” by which I mean – try not to listen to the news which leans towards pessimism and strife and gets you living in a state of permanent anxiety about the future and your portfolio. We never hear news like “billions wiped ON to the market this week”. Of course we all need to be informed, but I think careful selection of our choice of media is important, and sadly the traditional forms appear to be considerably compromised under any substantive inspection. Indeed, we have witnessed the Trump administration threaten, cancel and mock journalists, actual news stations, comedians and frankly anyone who challenges their lies.

So you may find it helpful to have a look at Byrne’s organisation and perhaps put some music on and dance. He danced and performed on the very large Hammersmith stage for a solid two hours – no small feat for a man of 73.

References:

Reasons to Be Cheerful: https://reasonstobecheerful.world/

David Byrne: https://whoisthesky.davidbyrne.com/

Hammersmith Apollo: https://www.eventimapollo.com/

Talk by Byrne at SXSW2019: https://youtu.be/To50fTfNqn0?si=eSwnGJP4kgarL0IP

What is SXSW? https://sxsw.com/about/

SXSW London: https://www.sxswlondon.com/

Gapminder: https://www.gapminder.org/factfulness/

UK News Fact Check: https://fullfact.org/

Reuters Fact Check service: https://www.reuters.com/fact-check/

UK Government fact check: https://www.gov.uk/government/publications/how-content-requests-from-government-get-published/fact-checking-content-on-govuk

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