Richard CanfieldPodcast Host and IBC Advisor, Ascendant Financial · Authorized Infinite Banking Practitioner | Author of 4 Books

Richard Canfield and the Power of Knowledge with Dennis Yu

9 Jul 2024 · 1 min

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A short transcript excerpt from a YouTube conversation between Richard Canfield and Dennis Yu. The speakers emphasize that "knowledge does not equal understanding," describe how direct experience (including a major health challenge and time at CNN) plus decades of lived experience enable reflection, and argue that reflection creates context that helps plan forward.

Chapters

It reminds me of one of my favorite YouTube videos.
Which is the Backwards Bicycle.
And knowledge does not equal understanding. So you were told and you knew.
That, hey.
These are, these are some things for the roadmap in your future. And you said, oh yeah, that sounds.
Great, I totally get it. But you.
Got the words but not the connection of what it really is. And it was through the learned experience that you finally got there. And then also the experience of your.
First time.
At cnn, the learning that took place afterwards, going through a massive health challenge, almost not being with us and seeing that ripple effect. So the, the combination of those things really working together creates.
A new context.
And that context now with, through reflection, you know, it's really hard to reflect on something if you don't have any experience to reflect on. But now that you've got two additional decades of experience, you can, you can have a look back.
That allows you.
To plan forward.