"Experience - the wisdom that enables us to recognise in an undesirable old acquaintance the folly that we have already embraced"

This quote by Ambrose Bierce speaks with the power of experience. It suggests that with experience comes knowledge, which permits us to recognize the mistakes we have made in the past. This knowledge can help us to avoid making the very same mistakes once again. It is a suggestion that we ought to gain from our experiences, both good and bad, and use them to notify our decisions in the future.

The quote likewise implies that we ought to not be too quick to evaluate others for their errors. We need to keep in mind that we have actually all made mistakes in the past, and that we ought to be understanding and forgiving of others. It is a pointer that we ought to not be too quick to judge, and that we must be willing to gain from our experiences and the experiences of others.

In general, this quote talks to the power of experience and the wisdom it can bring. It is a reminder that we should gain from our experiences, both great and bad, and use them to notify our decisions in the future. It is also a suggestion that we should be understanding and forgiving of others, which we ought to not be too quick to judge.