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Simple Step: Wisdom vs. Knowledge
51 Plays3 months ago
In this fast-paced episode of the Uncommon Wealth Podcast, hosts Phillip Ramsey and Arron Cramer explore the nuanced difference between knowledge and wisdom. Kicking off with an intriguing analogy, they delve into why knowing a tomato is a fruit doesn’t necessarily mean it belongs in a fruit salad. This thought-provoking discussion highlights the importance of applying practical wisdom alongside theoretical knowledge.
Throughout, Phillip and Arron emphasize the value of street smarts versus book smarts, emphasizing that experiences and trials often yield profound wisdom that far surpasses academic knowledge. Offering insights into how to best use knowledge in real-world scenarios, they inspire listeners to continually seek practical wisdom in their own lives. Tune in as they unpack this succinct yet deep concept in just five minutes.
Key Takeaways:
- Knowledge vs. Wisdom: Understanding the difference between having information and knowing how to apply it practically.
- Street Smarts vs. Book Smarts: Why practical experience often trumps theoretical understanding.
- Practical Application: Encouragement to apply knowledge wisely and read the situation rather than just rely on bookish information.
- Acquiring Wisdom: Learning from mentors and real-life experiences to gain true wisdom.
- Hesitation and Evaluation: The importance of evaluating the value of your knowledge before acting on it.
Notable Quotes:
- "Knowledge is knowing that a tomato is a fruit. Wisdom is knowing it shouldn’t go in a fruit salad." - Phillip Ramsey
- "It takes a certain level of intelligence to recognize intelligence." - Arron Cramer
- "What I think I gravitate towards, even if they are a little bit rough around the edges, is the people that have sound wisdom." - Phillip Ramsey
- "You could have the practical knowledge of things, but applying it is a whole different story." - Arron Cramer
- "Maybe hesitate on the knowledge that you have to see if it's truly valuable." - Phillip Ramsey
Resources:
- Visit Uncommon Wealth Partners to learn more about Phillip Ramsey and Arron Cramer’s wealth management services.
- Connect with Uncommon Wealth Partners on social media for more insightful content and updates.
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Transcript
Uncommon Wealth Podcast Introduction
00:00:00
Speaker
Everyone dreams of living an uncommon life and the best asset you have to achieve your dreams is you. Welcome to the Uncommon Wealth Podcast.
Featuring Uncommon Lives and Wealth Building Tools
00:00:12
Speaker
We're going to introduce you to people who are living uncommonly. We're also going to give you some tools and strategies for building wealth and for pursuing an uncommon path that is uniquely right for you.
00:00:27
Speaker
Yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, and i'm aaron kramer thanks for tuning in weve got a simple step for you today that means five minutes but have to talk yo, yo, yo, so here we go All right, this is I heard this at a um in an Instagram thing and I thought it was brilliant. Knowledge
Knowledge vs. Wisdom: The Tomato Analogy
00:00:54
Speaker
is a tomato is a fruit. Wisdom is knowing it's not to go on a fruit salad. That's it. yeah So knowledge is is knowing that a tomato is a fruit, okay?
00:01:07
Speaker
Tomatoes are fruit.
Intelligence, Wisdom, and Street Smarts
00:01:08
Speaker
Wisdom is knowing it shouldn't go in ah in a fruit salad. Okay, so what does that mean to you? I love the fact that you saw that. I saw the same thing. So our algorithm is very similar. mean That's such a deep thing. like no I've been at podcasts, but like it's so true. like It goes into this whole thing that I love that you brought this up because this is my biggest thing these past quarter yeah so year. It goes along with the same saying as it takes a certain level of knowledge of intelligence. It takes a certain level of intelligence to recognize intelligence. And that's what this that's the same thing for this statement. It's like a tomato is a fruit, but
00:01:58
Speaker
It doesn't go in a fruit salad. ah It's almost to me like street smarts versus like book smarts to me. And I've known a lot of book smart people that I'm like, okay, you would get killed on the streets. Like, yeah, no, I'm not saying that I would last very long either. I'm not saying that, but I do think that there's sometimes where our knowledge we think is wisdom and it is not, it could be further from wisdom.
Value of Experience Over Book Knowledge
00:02:25
Speaker
And what I think I gravitate towards, even if they're a little bit rough around the edges, is the people that have sound wisdom. These people are wise people. I love those. And maybe not the most like knowledgeable book smart people, but the people that have walked the path and they know and they have been wise and they've been mentored and they've gone through the licks. They've gone, had some horrible decisions. They've gone through trials. That to me is like, no, that doesn't go on a fruit side. Yeah. I know. Cause like I go, yeah, I guess as you say that it really helps. Like it's a,
00:03:03
Speaker
which I agree with you 100% on that. That's why we work good together. But like mine's the, you could have the, the practical knowledge of things, but applying it to a whole different story. That's right. but you Like, basically, if you've never eaten fruit before, let's say somehow you, you're an alien that comes to our planet and you're like, here's a fruit, you know, and you see the tomatoes on a list. Oh, we're making fruit salad. You put like, But to actually have the practical knowledge, you have the book knowledge, but to put it to actual use takes a different level. Yeah. I thought it was great. Okay. That's it. We have. So hopefully just if you're listening, what's the application of this?
Practical Value of Knowledge and Context
00:03:42
Speaker
I'm not sure, but I do think that there is something different between knowledge and wisdom. So I know the application of this is I don't go into a situation without having some sort of knowledge.
00:03:53
Speaker
Because if you don't know anything about fruit, so here's a fruit salad and you see a tomato in it, you don't know that's not supposed to be in there. Or maybe hesitate on the knowledge that you have to see if it's truly valuable. Maybe that's the thing. Read the crowd. Maybe that's your application. Okay. You've been listening to Uncomable Wealth Podcast. Thanks for listening. I've been your host, Phillip Ramsey. And I'm Aaron Kramer. Until next time. Thanks for listening.
00:04:19
Speaker
That's all for
Conclusion and Call-to-Action
00:04:20
Speaker
this episode brought to you by Uncommon Wealth Partners. Be sure to visit uncommonwealth.com to learn more about our services. Don't miss an episode as we introduce you to inspiring people who are actively pursuing an uncommon life.