This quote suggests that only those who have experienced both good and bad times can truly appreciate the value of the good times. It speaks to the human tendency to take things for granted when they are plentiful or easily accessible, and to only truly appreciate them when they are scarce or lost. This is because experiencing hardship or adversity offers a point of contrast that makes the good times seem even better when they return.

In the context of personal development, this quote could be interpreted as a reminder to value our successes and happy moments, but also to see the value in our struggles and failures. The hardships we face can serve as a catalyst for growth and self-improvement, and they can make our successes feel even sweeter. They can also teach us empathy and resilience, and help us develop a more balanced and mature perspective on life.

In today’s world, this quote could be applied in many ways. For instance, in the context of the COVID-19 pandemic, many people have faced hardships and loss, but as we gradually return to normalcy, we may find ourselves appreciating the simple pleasures of life more deeply than before. Similarly, in the context of social and political struggles, the quote could serve as a reminder that progress often involves setbacks and challenges, but these can make the eventual victories more meaningful and satisfying.