ציטירנדיקער פּירוש אויף משלי 22:11

As it is said, “Like a gold ring in the snout of a pig is a beautiful woman bereft of sense” (Proverbs 22:11). In the literal meaning of this verse, the gold ring on the snout of a pig serves as a simile for a beautiful woman bereft of sense. Although she may have outer beauty, like the gold ring, it is useless, for like the gold ring it is attached to something disgraceful. The verse is being used as an analogy in our mishnah to one who knows Torah but does not learn. The Torah is figuratively “in his nose” but like the pig, he does not learn it.

ובעיני כל עבדיו וייטב הדבר בעיני פרעה, “the matter (advice) was viewed favourably by Pharaoh and by all his servants.” Pharaoh’s servants realised that Joseph’s advice to Pharaoh was sound and that the Royal Palace, the wealthy classes as well as the poor in Egypt stood to gain from following Joseph’s advice. This is why they concurred and expressed their approval of the plan Joseph had outlined.