The document discusses the "two hits theory" of cancer development put forth by Dr. Alfred Knudson. Knudson proposed that two genetic mutations or "hits" are required for cancer to develop based on his study of retinoblastoma. Some cancers, like chronic myelogenous leukemia, appear to be triggered by a single genetic event. Knudson's two hits theory provided insights into cancer genetics and established the foundations for understanding how cancers originate on a cellular level.