The recipe for wisdom is a simple five-step process.
1. Observe Facts
2. Interpret Facts
3. Predict New Facts
4. Test
5. Repeat
Simply observe the world around you and create interpretations to explain your observations. Use those interpretations to predict the path of events in the future. Test the predictions and continue to refine the interpretations. The result is wisdom.
When someone asks about the course of events you will be able to give a comprehensive tested answer.