I love this quote. We should always learn to admit when we're wrong, and shut up when we're right. That's the way it should be. It takes a humble person to do both of those things. Being humble is the best way to live your life.
Nobody likes someone who is full of themselves. So it's always best to be humble. It will take you a lot farther in life.
I have learned this from experience. People will like you a lot more and you'll have more friends. You don't have to be full of yourself to succeed in life.
You don't have to brag when you're right. You can actually be quiet about it. And it takes a very big person to admit when you're wrong. Not everybody knows how to do that.
The ones who do have much better quality of their lives.
This is an important life lesson.