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My idea of good company ... is the company of clever, well-informed people who have a great deal of conversation; that is what I call good company.
— Jane Austen · Persuasion
Behind the line May contain spoilers.
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An editorial interpretation.
The speaker defines good company through intelligence, knowledge, and plentiful conversation. Repeating the phrase makes this sound like a personal standard stated with conviction: what matters here is having informed people who can keep an engaging exchange going, rather than merely sharing a room.
Context reviewed