Therefore, he that is wise must eschew the company of these. In this connection is cited the old story about what transpired between Suyodhana and (Prahlada), the chief of the Asuras in relation to the latter’s son. That king who renounceth lust and anger, who bestoweth wealth upon proper recipients, and is discriminating, learned, and active, is regarded as an authority of all men.

In plain words: Vidura says a wise person should stay away from the company of those ten kinds of people, and mentions an old story about Prahlada, king of the Asuras (demons), and his son. A king who gives up lust and anger, gives wealth to deserving people, and is thoughtful, learned, and active becomes someone everyone looks up to.