In an abstract sense this is true, but there are some fields were you do just have to do it again, and again, and again. I know an exceptionally smart biochemist who routinely has 16 hour days. There's no substitute.
In my own field, someone who would later go on to win a Nobel for the work, was working on something that simply required a huge amount of time and iteration to get right. This is often the case.
This is not true in all fields, of course. I just want to caution against extrapolating from experience in one field to all PhDs, which is the sense I get from a lot of comments in this thread.