Not half-truths and mistakes you feel ashamed to admit. That means, among other things, that each child has a right to struggle for life, to compete, to pursue and keep the knowledge and material wealth he can acquire. These things don't come free. They require effort. It takes an enormous amount of thought and effort for a child to fully understand capitalism, deferred gratification, long-range planning, science, logic and love.
Love is the hardest of all.
Give it away to random strangers and you will lose the capacity to generate more. Pay it scrupulously to those who earn your affection, and it will grow at an exponential rate, like interest on a well-managed bank account. And around age 15 or 16, when the chaos of adolescence is about to overwhelm the child's immature grasp of life, give them Ayn Rand. Like life itself, her works are a mighty challenge to the best within us. Government and royalty are ill- conceived.