Wisdom has been conceptualized as: (1) a rare, highly exercised and develop
ed form of cognitive expertise about the domain of human affairs that al lo
ws for multiple conduits or (2) a constellation of personal attributes refl
ecting a high degree of cognitive, affective, and behavioral maturity that
allows for an unusual degree of sensitivity, broad-mindedness, and concern
for humanity. Using either conceptualization, wisdom research shows that it
is a rare achievement, most often evolving from unusual life experiences t
hat foster introspection, reflection on the human condition, and counseling
others. Openness to experience is the most frequent predictor of wisdom, W
ise people are also found to think more dialectically, exhibit generativity
and compassionate concern for others, and accept life's limitations. Wise
people show less despair and less dissatisfaction by grappling with existen
tial issues and finding purpose and meaning in adverse experiences.