Thereupon bowing to the feet of his father, Prahlāda, who had humility as his ornament, said, with folded palms to that Daitya-king. "Forsooth I have been instructed in all these by my preceptor and I have learnt them; but I do not approve of all of them. For the subjection of friends and foes four expedients have been prescribed by all—namely—conciliation, gift, punishment, and sowing dissension. But O father, be not angry, I know neither friends nor enemies.
In plain words: Prahlada bows humbly and says he has learned all these lessons from his teacher, but he does not agree with all of them. Kings are taught four ways to handle friends and enemies: kind words, gifts, punishment and turning people against each other. But Prahlada gently says he sees no one as a friend or an enemy.