Oh, this is a good topic! I wrote about the topic of wisdom in my blog. I'll just copy and paste it over here...
Attributes of Wisdom
There are differing opinions on what wisdom is, so you may or may not agree with the following points on wisdom. I’m sharing some things I learned from one of our speakers in my addictive behavior class (Mark Brouwer) so this is mostly based on his teaching, but I’m also adding my own thoughts on this topic.
Wisdom is not primarily moral or ethical. Of course wisdom can help one to determine what the right or moral thing to do is, but that isn’t its main or only function. A couple definitions I’ve found (that i’m putting together in one sentence) that I think are pretty accurate are:
wisdom is observations about how life generally works, and having the ability to judge correctly and to follow the best course of action, based on knowledge and understanding.
Wisdom comes from the streets. Before you take that literally, I think what that means is – life experience, making mistakes and learning from them – those things help to give us wisdom. Proverbs 8:1 and 1:20 state, “Doesn’t Wisdom call out? Doesn’t Understanding make her voice heard?” “Wisdom calls out in the street; she raises her voice in the public squares.”
We get wisdom from being with wise people. That is another way to gain wisdom. So, it’s something that can be acquired, not something that we’re born with a certain amount of and that can never be increased… which should be good news for all people.
Wisdom alone is not enough. Take Solomon, for example. In the bible he was described as the wisest man in the world, but he became a sex addict, with tons of wives and concubines, and that was his downfall.
So, from a biblical perspective, if he had followed God and been obedient, he wouldn’t have gone off track and gotten himself into trouble. His wisdom was not enough. Which is very ironic, but that goes back to the first point I made.
One last point. And this one is from a Christian perspective, so non-christians will probably dismiss this… Wisdom is one way of knowing things, not the only way of course, but according to Mark (the speaker who talked about this subject) it is just as important a way of knowing and just as much a gift as revelation. And don’t forget, we can ask God for wisdom, and the bible says He will give it to us. (James 1:5)
The book of Proverbs talks a lot about wisdom, here is just one passage that I’ll end with:
How blessed is the man who finds wisdom
And the man who gains understanding.
For her profit is better than the profit of silver
And her gain better than fine gold.
She is more precious than jewels;
And nothing you desire compares with her.
Long life is in her right hand;
In her left hand are riches and honor.
Her ways are pleasant ways
And all her paths are peace.
She is a tree of life to those who take hold of her,
And happy are all who hold her fast.
Proverbs 3:13-18