āmi - I; se - that; vaiṣṇava - Vaiṣṇava; bhakti-siddhānta - conclusions of devotional service; saba - all; jāni - I know; āmi - I; se - that; bhāgavata-artha - meaning of the Bhāgavatam; uttama - very well; vākhāni - can explain.

[Vallabha Bhaṭṭa was thinking:] “I am a great Vaiṣṇava. Having learned all the conclusions of Vaiṣṇava philosophy, I can understand the meaning of Śrīmad-Bhāgavatam and explain it very well.”