“Wine can of their wits the wise beguile, Make the sage frolic, and the serious smile”
XIV. 463–466 (tr. Alexander Pope).
Odyssey (c. 725 BC)
Context: Tis sweet to play the fool in time and place,
And wine can of their wits the wise beguile,
Make the sage frolic, and the serious smile,
The grave in merry measures frisk about,
And many a long-repented word bring out.
Original
εὐξάμενός τι ἔπος ἐρέω· οἶνος γὰρ ἀνώγει, ἠλεός, ὅς τ' ἐφέηκε πολύφρονά περ μάλ' ἀεῖσαι καί θ' ἁπαλὸν γελάσαι καί τ' ὀρχήσασθαι ἀνῆκε, καί τι ἔπος προέηκεν, ὅ πέρ τ' ἄῤῥητον ἄμεινον.
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Homér 217
Ancient Greek epic poet, author of the Iliad and the OdysseyRelated quotes

“They make their fortune who are stout and wise,
Wit rules the heavens, discretion guides the skies.”
Canto X, stanza 20 (tr. Fairfax)
Gerusalemme Liberata (1581)

High Times interview (2002)
Context: Usually, my witticisms are composed on the spot. They're simply intrinsic; an inseparable, integral, organic part of my writing process — doubtlessly because humor is an inseparable, integral part of my philosophical worldview. The comic sensibility is vastly, almost tragically, underrated by Western intellectuals. Humor can be a doorway into the deepest reality, and wit and playfulness are a desperately serious transcendence of evil. My comic sense, although deliberately Americanized, is, in its intent, much closer related to the crazy wisdom of Zen monks and the goofy genius of Taoist masters than it is to, say, the satirical gibes on Saturday Night Live. It has both a literary and a metaphysical function.

Interview, The Paris Review (Summer 1956)
“SAGE. A wise and Holy man who died a long time ago. No one modern qualifies.”
Source: The Tough Guide to Fantasyland

“Silence is the wit of fools, and one of the virtues of the wise.”
Le silence est l'esprit des sots
Et l'une des vertus du sage.
Bernard de Bonnard, "Le Silence," http://books.google.com/books?id=9gAvAAAAMAAJ&pg=PR14&dq=%22Et+l%27une+des+vertus+du+sage%22+Bonnard&ei=iyzvR-bFOIa4zASV0PyoBQ#PPA244,M1 L'Almanach des Muses (1776)
Misattributed