Deadpool and Wolverine star Ryan Reynolds shares best parenting advice he has received

Ryan Reynolds has been sharing some pearls of wisdom about parenting.

The Canadian actor shares four children with wife and actress Blake Lively – Betty, 4, Ines, 7, and James, 9, and a one-year-old whose gender has yet to be revealed, has recently been reported to have the nickname “Obi”.

During a conversation for PEOPLE with fellow actor Hugh Jackman, who has two children himself, Reynolds shared some valuable parenting advice he received from Deadpool and Wolverine director Shawn Levy.

He said: "Shawn Levy actually told me something that stuck with me forever, that people tend to only talk about their wins. But I think it's really important for your kids in particular to know that you lose."

He continued: "You don't get what you want all the time. Something you worked on really hard didn't work. You feel like you said something embarrassing today, you did something that didn't sit right with you. It's just so important that [your kids] see that and they don't just hear, 'Oh Dad nailed it.' Because you lose so much more than you win." He added: "It's really stuck with me."

Ryan Reynolds pictured with wife and mother of his four children, Blake Lively (Getty Images)

The Wrexham A.F.C co-owner also opened up about how dealing with anxiety has been beneficial in his parenting journey and in relating to his children.

He shared that he "loves" having anxiety because when he witnesses his kids experience something like it, he knows how to handle it "in a way that is compassionate, that actually allows them to feel seen."

Reynolds went on to say that understands that he can't fix it, but he could communicate with them about it, something he is grateful for.

He elaborated: "My job benefits greatly. People who have anxiety are constantly thinking into the future. You're constantly: 'What if this happens? What if that happens? ' You're always telling yourself stories. So when we're shooting Deadpool and Wolverine, I'm not just shooting the movie, I'm also sitting in the audience as a cautious critic going: 'I don't like that. I don't buy that.' So anxiety creates that ecosystem of awareness that I wouldn't otherwise [have]."