yad gunesv artha-drg-vacah
vitatha-fruitless; abhinivesah-the conception; ayam-this; yat-which; gunesu-in the modes of material nature; artha-as a fact; drk-vacah-the seeing and talking of; yatha-just as; manorathah-a mental concoction (daydream); svapnah-a dream; sarvam-everything; aindriyakam-produced by the senses; mrsa-false.