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He was on the wrong side of history, as most of us will be at some point, about something.
He was on the side of the biggest attack so far mounted against Bitcoin, which most of us here consider a world historic and immensely valuable technology project. So that's being pretty wrong and I wouldn't expect any of us here have been wrong in such a significant way.
Bitcoin has an immense power to expose character flaws in all people touched by it (I include myself) so if you choose to play on the main public stage with Bitcoin, as Jeff did, thinking he was up to it, you will be judged and possibly found greatly wanting. That's what happened with Jeff and also many others who have fallen from grace after being a major player in the space for some time (Gavin Andresen and Michael Hearn being other prominent players prior to Garzik who also suffered a great fall, and there are many, many more). That's why the 'stay humble' dictum is so key to healthy involvement with Bitcoin.
But as I said the quote is cool and yes, stands by itself. It was just surprising for me seeing Jeff Garzik's name again after quite a long time, and it took me back to that crazy (and highly stressful) year.