Keyboard shortcuts (also called “hot keys”) assign the commands and tools of your editing program to specific keys on your keyboard, allowing you to access them instantly. Most editing programs already have default keyboard shortcuts programmed in, but allow you to customize them to your liking. Freddie has a unique keyboard layout that allows him to, as he calls it, "edit at the speed of thought."
In this video, Freddie shows you his keyboard layout and explains why he has certain tools placed on certain keys, and how this customized set up allows him to focus on story rather than the tech. The whole purpose of customizing your keyboard is to make editing more efficient and smooth for you, so don't feel as though you have to copy Freddie's approach directly-- you can customize your board in the way that makes the most sense to you!
Freddie flies through his keyboard commands really fast, so here is a PDF download of all his key shortcuts and brief descriptions of what they do.
And, if you have Premiere Pro, you can actually download Freddie's Keyboard Preferences and install them to use in your own Premiere Projects!
Instructions are included in the PDF above, but also can be found on Adobe's site here.