Meaning of the word "a wise man changes his mind, a fool never will" in English

What does "a wise man changes his mind, a fool never will" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

a wise man changes his mind, a fool never will

US /ə waɪz mæn ˈtʃeɪndʒɪz hɪz maɪnd, ə fuːl ˈnɛvər wɪl/
UK /ə waɪz mæn ˈtʃeɪndʒɪz hɪz maɪnd, ə fuːl ˈnɛvə wɪl/
"a wise man changes his mind, a fool never will" picture

Idiom

a proverb suggesting that intelligent people are willing to reconsider their opinions when presented with new evidence, whereas stubborn or ignorant people refuse to do so

Example:
I used to be against the proposal, but a wise man changes his mind, a fool never will.
Don't be afraid to admit you were wrong; remember, a wise man changes his mind, a fool never will.