jalam tad-udbhavais channam
tathanyatrartha-drk svatah
jalam-water; tat-udbhavaih-by grass grown from that water; channam-covered; hitva-giving up; ajnah-a foolish animal; jala-kamyaya-desiring to drink water; mrgatrsnam-a mirage; upadhavet-runs after; tatha-similarly; anyatra-somewhere else; artha-drk-self-interested; svatah-in himself.