There are three well-known proverbs in this passage of Scripture. They are listed below:
Proverbs 16:16 (NKJV)
16 How much better to get wisdom than gold!
And to get understanding is to be chosen rather than silver.
Proverbs 16:18–19 (NKJV)
18 Pride goes before destruction,
And a haughty spirit before a fall.
19 Better to be of a humble spirit with the lowly,
Than to divide the spoil with the proud.
Proverbs 16:22 (NKJV)
22 Understanding is a wellspring of life to him who has it.
But the correction of fools is folly.
These proverbs, plus the many others in the book of Proverbs, speak to the need for wisdom and Godliness for success. Wisdom is valuable, much like precious metals. Pride leads to destruction, but humility brings contentment. Understanding bring life, but folly invokes correction and rebuke. These life principles continue to make it clear that the life of the humble servant who accepts correction and heeds wise teaching will always fare better than the proud, arrogant, insolent fool. Wise words for a teachable heart.