"What is the biblical wisdom that the psalmists speak of so frequently? First, wisdom calls for a response. The invitation is open to all (34:11-12; cf. Prov 1:8-9; 2:1-3:10). Regardless of age, social standing, or gender, whether Jew or Gentile, God expects the response of love and submission to him (49:1-3). Those who devote themselves to a loving response may have to undergo fatherly discipline: "it was good for me to be afflicted so that I might learn your decrees" (119:71). Out of the brokenness of heart, the godly learn wisdom; and out of gratitude they seek wisdom. The way of wisdom demands total commitment: "Blessed are they who keep his statutes and seek him with all their heart" (119:2; cf v. 3, 10). Since God is greater than any treasure, the love for God demands the ultimate sacrifice — total loyalty and discipleship: "I rejoice in following your statutes as one rejoices in great riches" (119:14; cf. vv.20, 127)."
From VanGemeren's commentary, "Psalms," in Expositor's Bible Commentary, 5:59.
