Dimensions of knowledge

Data comprises facts, observations, or perceptions.
It represents raw numbers or assertions. (e.g.: merchandise price)

Information is processed data.
It involves manipulation of raw data. (e.g.: lowest or highest merchandise price)

Knowledge is at the highest level in a hierarchy.
Information with direction. (e.g.: the best places to sell the merchandise)

Wisdom is collective individual experience for applying knowledge to distinct situation. (e.g.: sell the merchandise at the best places after presidential campaign is over)

Physical assets has depreciation. Knowledge is the currency of future.

When to apply it as important as knowing how to apply it. (e.g.: buying stocks)

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