This quote by Diogenes suggests that it takes a person of excellent wisdom to recognize another individual of terrific wisdom. It suggests that knowledge is a rare quality which it is challenging to recognize. It also implies that wisdom is something that is not easily seen or understood, and that it takes an unique kind of person to acknowledge it in another. This quote could be analyzed as a suggestion to be conscious of the wisdom that exists in the world and to be available to recognizing it in others. It might also be analyzed as a pointer to be humble and to acknowledge that there are individuals out there who are smarter than us. Ultimately, this quote works as a reminder to be conscious of the wisdom that exists in the world and to be available to acknowledging it in others.