Rabbi Brody of The Lazer Beam writes:
"Someone once asked me what the difference is between a wise person and a clever person...."
Read his simple & educational answer - then follow the link he gives for a real life example.
So, where do you get wisdom? Reading, even reading Rabbi Brody, will only take you so far. Sometimes the trigger needs to be a real life experience, and when that happens wisdom doesn't always come in expected - or even welcome - guises. Take Rabbi Brody's advice to a suicidal, bankrupt businessman, for instance. In the comments section, meanwhile, Luis David Albright proves that the story can end well. In wisdom.
UPDATE: See this week's Sufi Wisdom for a related story from Sheikh Muzzafer.
Yeah, that's a useful distinction, but it seems more of a matter of thinking through the consequences of your actions and reining in your knee-jerk emotional reactions, and not so much a distinction between clever and wise.
I'll always prefer Socrates's attitude that wisdom is knowing that you don't know.
This has a modern analog: "Good technology solves tough problems; good policy prevents them."