There is an element of relativity to this though. I guarantee that there are programmers and teams for whom nested list comprehensions are much more comprehensible than 10 lines of loop code that could be doing anything and have to be carefully analyzed to be understood. This holds for just about any programming technique that you might encounter.
Of course, Kernighan's law still applies, it's just that the definition of "too clever" recedes with skill and experience.