The full meaning signifies that those who emerge victorious are elevated to positions of power and legitimacy, their actions are justified, and their narrative becomes the accepted history. Conversely, the vanquished areEpithet卑称为 thieves, bandits, or criminals, their perspectives are disregarded, and they are often relegated to obscurity or remembered negatively.
This saying strongly reflects the concept that history, and indeed the immediate aftermath of any conflict or competition, is largely shaped and told by those who win, effectively erasing or discrediting the contributions and perspectives of those who lose.