The author reflects on a list of parenting suggestions from a 1992 school head, finding them surprisingly relevant today. The suggestions emphasized realistic expectations, open communication, and consistent behavior from parents. These principles are compared to challenges faced by investors in modern times. Parents struggle with unrealistic expectations influenced by social media, leading to over-scheduling children. The advice urges informed decision-making, avoiding information overload, and handling setbacks calmly. Listening to children, but not always agreeing, is crucial, and unscheduled time is also emphasized. Similarly, investors face pressure from market trends, often overreacting to news and making inconsistent choices. The author suggests investors should also maintain realistic expectations and a disciplined approach. The core tenets of a good life and a resilient portfolio haven't significantly changed. Applying these principles can help both parents and investors navigate challenges effectively. The author concludes with a call for good luck to both parents and investors for the future.