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The proverb means that if people were given a second chance to redo certain areas of their life they would probably make better decisions than the decisions they had previously made. This proverb is similar to the one that goes "I wish I knew then what I know now," since if the person knew in the past what was going to occur in the future or what the outcome of their decision was they could change it in order to make the outcome a better one.

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Q: What is the meaning of the proverb 'If things were to be done twice all would be wise'?
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