I think that this quote says that by making mistakes you eventually learn from then. But from these mistakes you gain knowledge and experience as well. Therefore by never making mistakes and going through life being safe and perfect you never learn of consequences. Sometimes you even gain a life lesson out of it as well.
I agree with Kristen's interpretetion of the quote, because the man who does not take chances and takes risks would never know if he was right or know, and if he is wrong then he would lern from his mistakes and eventually be right.
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