It means:
I'd rather I was sorry for you than you were sorry for me.
In the Romance of the Three Kingdoms, this sentence was changed to: I would rather lose the world than teach the world to lose me.
It means:
I would rather I am sorry than I am sorry.
Recently, in a TV series "Laughing at yiguang's Story" in Michael Chen, Ming Xianzong Zhu Jianshen at that time once had such a line.