Final answer:
The statement is False. Socrates believed that the pursuit of knowledge and virtue was more important than personal satisfaction or even death.
Step-by-step explanation:
John Stuart Mill's statement that it is better to be a satisfied fool than a philosopher such as Socrates who was dissatisfied is False. Mill argued that it is better to be dissatisfied and aware of the higher pleasures than to settle for basic satisfaction. Socrates believed that the pursuit of knowledge and virtue was more important than personal satisfaction or even death. His philosophy emphasized reason and critical thinking.