What are your thoughts on "Show, don't tell"?

I've recently been getting into "Show, don't tell" while writing. I've always been told that you should use more "show" than "tell", however I don't believe that completely. I think there's a time and place to use both.<br><br>What are your thoughts on it? Do you prefer "Show don't tell" or "Tell don't show"? Or do you see a healthy balance of both if needed?<br><br><br>I'd love to hear your thoughts.