The Concept of Wisdom

Wisdom enables us to make better decisions based on our data. Wisdom is not simply the result of transforming knowledge. It also requires other aspects that depend on our baggage in life. Wisdom is the culmination of the following:

• Knowledge provides the foundation upon which wisdom is built. We can’t make informed decisions without a broad understanding of our data.

• Experience provides the context through which our knowledge is applied. It deepens our understanding of the world and helps us see the nuances and complexities that can't be learned from books or lectures. Experience encompasses all the moments we’ve lived through, the challenges we’ve faced, and the lessons we’ve learned.

• Good judgment is the ability to weigh the pros and cons of a situation, analyze the risks and benefits, and come to a well-informed and wise decision. It requires the ability to evaluate a situation from multiple perspectives and understand the potential outcomes of each choice.