This podcast presents a system for improving information retention using a two-stage process: consumption and digestion. The speaker introduces the PACER acronym (Procedural, Analogous, Conceptual, Evidence, Reference) to categorize information and outlines specific strategies for each category (e.g., practice for procedural, critique for analogous, mapping for conceptual). The core message emphasizes balancing consumption and digestion to maximize learning, contrasting it with the ineffective strategy of simply consuming large amounts of information without proper processing. The speaker suggests that focusing on the digestion stage is crucial for long-term retention and application of knowledge. For example, procedural information should be practiced immediately, not just memorized.