Wise men

Wise men spend their mornings in discussing gambling, the afternoon discussing the activities of women, and the night hearing about the activities of theft.

1. The first item above refers to the gambling of King Yudhisthira, the great devotee of Krsna. 
2. The second item refers to the glorious deeds of mother Sita, the consort of Lord Ramachandra. 
3. The third item hints at the adorable childhood pastimes of Sri Krsna who stole butter from the elderly cowherd ladies of Gokula. 

Hence Chanakya Pandita advises wise persons to spend the morning absorbed in Mahabharata, the afternoon studying Ramayana, and the evening devotedly hearing the Srimad-Bhagvatam

A wise man should not reveal

1. his loss of wealth, 
2. the vexation of his mind, 
3. the misconduct of his own wife, 
4. base words spoken by others, and 
5. disgrace that has befallen him.

According to him, a wise man keeps his weakness secret. People who reveals his weakness is sure to land in trouble in future. Anything that upsets us or inflicts agony should never be told to anyone. Similarly, a person should never tell anyone about his financial status or his wife's misconduct. Chanakya says a person should never tell anyone if a person of a low rank insults him.