Knowledge vs Wisdom

What is the main difference between “knowledge” and “wisdom”? Do you gain knowledge or wisdom?

In dictionary (Wiktionary Dictionary), knowledge is defined variously as (i) facts, information, and skills acquired by a person through experience or education; the theoretical or practical understanding of a subject, (ii) what is known in a particular field or in total; facts and information or (iii) awareness or familiarity gained by experience of a fact or situation.

Wisdom is defined as the “1a: Accumulated philosophic or scientific learning-knowledge; b: Ability to discern inner qualities and relationships-insight; c: Good sense-judgment d: Generally accepted belief. 2: A wise attitude, belief, or course of action. 3: The teachings of the ancient wise men.

Simply put, a guy once told me this: You can gain knowledge easily by reading, hearing or experiencing new stuffs. However, you gained wisdom when you learnt knowledge understood them and thus applying it as well. See the link in between? If not, read again…

Source: Wiktionary Dictionary
Website: http://en.wiktionary.org/wiki/Main_Page