The document discusses Aristotle's concept of virtue ethics. It explains that for Aristotle, achieving virtue and excellence as a human involves functioning according to reason. True virtue is developed over time through habituation, not instantly. There are two types of virtue - moral and intellectual. Moral virtue concerns actions and is developed through habit, while intellectual virtue involves knowledge and reasoning. Practical wisdom is an intellectual virtue that guides one's moral actions and choices. For Aristotle, virtue involves moderation between extremes of excess and deficiency, targeting the mean appropriate to each situation through practical wisdom.