1:5 increase. Wisdom was institutionalized in the ancient culture in that the wise called upon people to improve their wisdom. Succeeding generations were to learn from those who went before (v. 8). Note the typical parallel structure of this verse in which almost synonymous phrases are joined.
guidance. This Hebrew word, used only in Proverbs and Job, means to guide, steer, or direct. It highlights the importance of right thinking and experience in decision making.