Wisdom is knowing things that help a person to live sensibly and make good decisions. Wisdom is defined differently by many cultures. Some say that wisdom is something a person learns as they grow older.
If someone has wisdom we say he is wise.
The ability to discern or judge what is true, right, or lasting; insight.
Common sense; good judgment:
The sum of learning through the ages; knowledge:
A wise outlook, plan, or course of action.
"What experience and history teach is this -- that people and governments never have learned anything from history, or acted on principles deduced from it.": Georg Wilhelm Friedrich Hegel - (1770-1831) German philosopher