The summary is:
This is a transcript of a video lesson about color theory. The speaker explains the concepts of hue, saturation, value, contrast and color harmony using examples and activities. He also warns about some common mistakes and gives tips on how to choose colors with purpose and mood. He uses humor and references to his childhood to make the lesson engaging and fun.
Some possible facts extracted from the text are:
1. A color wheel is made by starting with the three primary colors and mixing them to create secondary and tertiary colors.
2. Hue, saturation and value are three properties of color that can be adjusted in a color picker.
3. Saturation is the intensity of the color and decreasing it pushes it more into the grays.
4. Value is how light or dark the color is and it can be controlled by adding black or white paint.
5. Contrast is the difference in value between two colors and it can affect the focus and mood of an illustration.
6. Warm colors are often considered high energy and cool colors are often considered calm or trustworthy.
7. Complementary colors are colors that are opposite each other on the color wheel and they can create a striking effect.