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An explanation of the GameStop stock story for people who are wondering what it's all about

An explanation of the GameStop stock story for people who are wondering what it's all about
Now This/Instagram

I'm not proud to admit this, but I know virtually nothing about the stock market. I mean, I know what it is and on a very, very basic level know how it works. Kinda. Maybe. I don't even know.

That's a problem when some huge news about the stock market comes along. While clearly a big deal, this news about GameStop stock skyrocketing because a bunch of Reddit users did something and a bunch of billionaire hedge funders got screwed over by it has been a little lost of me.

I'm sure I'm not alone in this. In fact, I know I'm not, based on the virality of this "normal person" explainer video shared on Twitter. Prior to two days ago, this is pretty much exactly how I would have explained what's going on:

There are a whole lot of us who don't understand the stock market and usually don't care that we don't understand it. Then a big, important David and Goliath story like this comes along, making it clear we should know more than we do.

Part of the problem is that there's so much "inside baseball" terminology to wade through when you dive in. I graduated from college with honors, for the love, but every time I try to read a news story about this GameStop thing, I have to stop every other sentence to look up words that financial writers assume we all know and understand. (I still don't even get what a hedge fund is, much less how short selling would affect one. And WTF is a "position" in a stock market context? Zero idea.)

What I need is someone to translate all that finance-speak into layman's terms, super simply, like I'm in kindergarten. I don't need all the nitty-gritty details of exactly how it all works, I just need enough so that I "get it." I read a bunch of posts and explainer articles, some more helpful than others, but nothing has synopsized it all quite as concisely and clearly as this 3-minute video shared by Now This. Enjoy:

Okay, so I still don't know exactly what a position is, but I get the gist.

Not only does this story explain a bit about how the game of Wall Street is played, but it also helps explain how the filthy rich have managed to get filthy richer during a pandemic when millions are struggling. On one level, businesses struggling is actually good for investors as they can take advantage of the falling prices.

Pretty gross to purposefully profit off of pandemic fallout, if you ask me. But what do I know? Like I said, not much. I will say, this whole thing is a good incentive to learn more about how that part of the U.S. economic system works. Knowing that it's actually not untouchable, that it's not just elite economic geniuses who know what they're doing, that there are ways for the average person to influence wealth distribution is intriguing to say the least. And anything that makes predatory billionaires shake in their boots is good fun.

We could all benefit from greater financial literacy, especially when it's clear that the rules of the game are in flux. We'll see how it all shakes out in the end, but it seems that these Redditors may prove that David has a chance against Goliath after all.

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Here’s how one nonprofit org is using Adobe to change the world

Adobe empowers nonprofits to fundraise, advocate, and further their missions.

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In 2024, it’s practically impossible to function as a nonprofit without the right digital resources. Nonprofits use computer systems and applications for things like education, fundraising, engaging clients, and communicating with donors. However, with limited funding and expertise, it's often difficult to get the digital tools they need to fully support their missions.

The planet needs nonprofit organizations, and nonprofits need better digital tools. For decades, Adobe has provided nonprofits with the tools they need to fulfill their mission—helping them with everything from social media advocacy to educational videos to graphic design. Now, Adobe is offering the pro version of Adobe Acrobat for Nonprofits, the most requested and comprehensive set of document and e-signature tools, for just $15 per user per year, which represents a 94% annual savings off the regular price. This will make it easier than ever for nonprofits to streamline business processes and increase their impact with engaging educational and fundraising assets – from annual reports, contracts and grant submissions to brochures and white papers.

Keep reading to hear more about how Adobe helped one nonprofit improve efficiencies and giveback potential – and how you can start using Adobe tools today for your organization.

A nonprofit success story

Albert Manero, a mechanical engineer and graduate of the University of Central Florida, founded Limbitless Solutions, Inc., as a passion project in a small lab. Today, Limbitless is celebrating its 10-year anniversary and has grown into an interdisciplinary team based at the University of Central Florida in Orlando that includes 50 interns with nine different fields of expertise. Their mission? To inspire and empower underserved communities through creative, accessible technology.

Manero and his team of experts create bionic, 3D-printed arms for children with limb differences. Combining visual storytelling with art and engineering, the Limbitless team wants children with limb differences to feel included and capable, while at the same time, able to express their personal identity more fully. Developing bionic arms covered in flowers or designed like Iron Man’s armor, kids with these bionic limbs can not only grip objects, hold hands and more, but can feel empowered to be themselves.

Using Adobe to make a difference

Limbitless, like many others, has utilized Adobe for Nonprofits offerings, which gives nonprofit organizations access to Adobe programs at a deeply discounted rate, including access programs like Adobe Illustrator, Adobe Express and Adobe Acrobat as well as Adobe’s 3D tools.

Adobe solutions are the oil that keeps organizations running smoothly behind the scenes. For the grant application and reporting processes, employees at Limbitless have credited Adobe Acrobat with helping the team secure funding and communicating clearly with donors and partners. With Acrobat, they’re able to create, edit, and manage PDF documents that look professional and polished. The company has also transitioned most of its internal documentation to digital formats using Acrobat. This includes everything from design blueprints, brand guidelines, intern contracts, and user manuals for bionic limbs.

Better tech for a better future

In addition to helping day-to-day operations run smoothly, Adobe has also helped bring Limbitless’ mission of inclusion and accessibility outside of office walls.

Using Adobe Express, the fast and easy create-anything app, Limbitless has been able to create quick how-to videos for young patients and their families that showcase how to use their bionic limbs, as well as a series of videos promoting STEAM (science, technology, engineering art and math) education. The company’s Operations, Advocacy, and Logistics team utilizes Express as well, developing content and visual assets for their social media accounts. Recently, Limbitless partnered with the Adobe Express’ Animate Characters team to create six unique, limb-different selectable avatar characters for their educational outreach and social media campaigns.

And Adobe is helping Limbitless empower kids with limb differences, too: Limbitless’ comic series, Bionic Kid, was created using Adobe Illustrator and features a superhero with limb differences who uses a Limbitless prosthetic arm. This inspired a fundraising concept initiated from the idea by a Limbitless prosthetic recipient Zachary Pamboukas, which has been used in fundraising efforts for more bionic arms and has already raised over $20,000.

Inside the organization and out, Adobe is enabling people to reach their full potential, contributing to better nonprofit organizations and, overall, a better world.

Learn more about the new Adobe Acrobat for Nonprofits offering and explore more ways Adobe can help your organization today.

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Sorry, Labradors. After 31 years, America has a new favorite dog.

The American Kennel Club has crowned a new favorite.

via Pixabay

A sad-looking Labrador Retriever

The sweet-faced, loveable Labrador Retriever is no longer America’s favorite dog breed. The breed best known for having a heart of gold has been replaced by the smaller, more urban-friendly French Bulldog.

According to the American Kennel Club, for the past 31 years, the Labrador Retriever was America’s favorite dog, but it was eclipsed in 2022 by the Frenchie. The rankings are based on nearly 716,500 dogs newly registered in 2022, of which about 1 in 7 were Frenchies. Around 108,000 French Bulldogs were recorded in the U.S. in 2022, surpassing Labrador Retrievers by over 21,000.

The French Bulldog’s popularity has grown exponentially over the past decade. They were the #14 most popular breed in 2012, and since then, registrations have gone up 1,000%, bringing them to the top of the breed popularity rankings.

The AKC says that the American Hairless Terrier, Gordon Setter, Italian Greyhound and Anatolian Shepherd Dog also grew in popularity between 2021 and 2022.

The French Bulldog was famous among America’s upper class around the turn of the 20th century but then fell out of favor. Their resurgence is partly based on several celebrities who have gone public with their Frenchie love. Leonardo DiCaprio, Megan Thee Stallion, Alexandra Ocasio-Cortez, Reese Witherspoon and Lady Gaga all own French Bulldogs.

The breed earned a lot of attention as show dogs last year when a Frenchie named Winston took second place at the Westminster Kennel Club Dog Show and first in the National Dog Show.

The breed made national news in early 2021 when Gaga’s dog walker was shot in the chest while walking two of her Frenchies in a dog heist. He recovered from his injuries, and the dogs were later returned.

They’ve also become popular because of their unique look and personalities.

“They’re comical, friendly, loving little dogs,” French Bull Dog Club of America spokesperson Patty Sosa told the AP. She said they are city-friendly with modest grooming needs and “they offer a lot in a small package.”

They are also popular with people who live in apartments. According to the AKC, Frenchies don’t bark much and do not require a lot of outdoor exercise.

The French Bulldog stands out among other breeds because it looks like a miniature bulldog but has large, expressive bat-like ears that are its trademark feature. However, their popularity isn’t without controversy. “French bulldogs can be a polarizing topic,” veterinarian Dr. Carrie Stefaniak told the AP.

american kennel club, french bulldog, most popular dog

An adorable French Bulldog

via Pixabay

French Bulldogs have been bred to have abnormally large heads, which means that large litters usually need to be delivered by C-section, an expensive procedure that can be dangerous for the mother. They are also prone to multiple health problems, including skin, ear, and eye infections. Their flat face means they often suffer from respiratory problems and heat intolerance.

Frenchies are also more prone to spine deformations and nerve pain as they age.

Here are the AKC’s top ten most popular dog breeds for 2022.

1 French Bulldogs

2 Labrador Retrievers

3 Golden Retrievers

4 German Shepherd Dogs

5 Poodles

6 Bulldogs

7 Rottweilers

8 Beagles

9 Dachshunds

10 German Shorthaired Pointers


This article originally appeared last year.

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Health

People's lives were changed by these 13 simple 'game-changing' therapist insights

"Everyone gets one life. They don't get yours, too."

via Canva/Photos

A therapist consoling her client.

You often see people have major breakthroughs with their therapists in movies such as “Ordinary People” (1980) or “Good Will Hunting” (1987). In these stories, sage wisdom from their therapists completely changes their lives and sets them on a new trajectory.

But do these things really happen? Can the average person have a complete psychological turnaround after a few therapy sessions or one incredible nugget of wisdom that completely changes their lives?

Do people have breakthroughs in therapy?

According to Danny Seto, a Registered Psychotherapist and Registered Marriage and Family Therapist, breakthroughs happen but are rare. "A breakthrough isn't a myth, and it can happen for some people, but for most people, it wouldn't happen like that," he told Inkblot Therapy. "There would be multiple steps leading up to it."

If people have a breakthrough in therapy, it doesn’t mean they are magically cured. It’s more of a turning point where someone begins to work on significant changes. Karen Oliver, a clinical associate professor of psychiatry and human behavior at Brown University, says, “A breakthrough moment is not the last step in therapy; it’s actually a very important beginning to middle step.”



People recently shared the game-changing insights their therapist shared with them on Reddit, and what’s interesting is that the wisdom is simple but powerful. Hopefully, they took that wisdom, put it into action, and made big changes to their lives.

Here are 13 that are the most profound.

1. One life to live

"Everyone gets one life. They don't get yours, too."

2. You belong

"You’re allowed to take up space.’ It hit me hard—I never realized how much I was shrinking myself to fit into others’ expectations.'
"A really important step for me was realizing that I'm not a person who doesn't belong causing trouble by being in everyone's way everywhere I go, I am in fact just another person going about their daily life. I have just as much right to cross the street or go to the grocery store as anyone else."

3. The procrastination cure

"I had a massive procrastination issue when it came to my uni assignments, to the point where I wouldn’t even hand some in, but somehow always did well in group assessments. This was how that conversation went:
'So you struggle in lone assignments?'
'Yes.'
'But not in group assignments?'
'Yes, I don’t want to let my teammates down.'
'But it’s okay if you let yourself down.'
She said that last thing like a fact, not a question, and it really opened my eyes to how low my self-esteem was. I saw nothing wrong with failing myself."



4. Boundaries give you power

"Something that I learned in training to become a therapist: boundaries are for you, not for other people. So that means you don't say 'you can't do that!' you have to say 'if you do that, I will xxxx' (leave, hang up, block, tell someone else - whatever). This stops the nearly impossible attempts at controlling others' behavior and gives you all the power."

"I was once told, 'It is your responsibility to communicate your boundaries and to enforce them. It is not your responsibility for how other people react to them.'"

5. Everyone is thinking about themselves

"'People are self-involved and don't really care that much about what you do.' This is in response to me feeling like I will be judged by others for every thing I do and every decision I make. I later read a quote, "you are the extra is everyone else's life." If I make mundane mistakes or don't do something perfectly, people likely won't really notice or if they don't they probably won't think about it for very long."

6. Your feelings are valid

"Mine said, 'You're allowed to feel what you feel without justifying it to anyone, including yourself.' It hit me like a ton of bricks."



7. Stop making excuses for your parents

"'Your parents failed you. You don't have to keep giving them grace for the things they did to you.'" I always made excuses for my parents and how they treated me, both growing up and as an adult. It turns out that my therapist at the time saw straight through that. It changed my perspective on my relationship with them completely."

"Your parents know how to push your buttons because they’re the ones who installed them."

8. Compromise is mutual

“Compromise means meeting in the middle. If the other person doesn’t do their half of the work, stop doing that work for them.”

9. Negative thoughts

"To approach my negative thoughts in a neutral way. Whenever they popped up, to just be like 'okay, that's nice' and neither try and escape the thoughts nor dwell on them. Just acknowledge they exist and then move on. It surprisingly helped me so much. My therapist used a lot of visual analogies- my favorite ones were negative thoughts being like clouds that just pass by for a moment in the sky and myself being a detached, neutral observer."

10. Now or not now

"Less serious than some other answers, but while talking to my therapist about ADHD task avoidance, he said, 'It's either now, or not now,' insinuating that if it's not now, it will keep being 'not now,' until it is 'now.' That helped me a lot with getting tasks done as I think of them rather than putting it off until I feel like doing it."

"Don’t put it down, put it away. Helped me to be less cluttered/ stop losing so many things."



11. Like a child

"That you can look at yourself like your child, you wouldn't hold grudges against them and would always support them even if they fail or do something bad."

12. Fake it 'til you make it

"Isn't pretending to be a good person kinda the same as being a good person?"

"That is legitimately how I rationalized that feeling for myself. I'm doing everyone a favor and choosing to be nice when I could be mean. That means I'm nice."

13. Mind your mind

“'Just because a thought pops into your head doesn’t make it true.' I didn’t realize how often I let negative self-talk control my actor mood until they pointed this out. Learning to question my thoughts instead of accepting them at face value was a huge mindset shift."

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Someone asked if 80s kids really 'roamed freely.' After 40,000 answers, the truth is clear.

There is definitely some rose-colored nostalgia in these responses, though.

Photo credit: Canva, @othingstodo_com/X

Were 80s childhoods really as feral as they sound?

Ah, the nostalgia of an 80s childhood. If you've ever watched "The Goonies" or "Stranger Things," you've seen how kids of all ages were largely left to their own devices most of the time, parents playing a background role if any role at all. Children went on unsupervised outdoor adventures for hours upon hours, getting into just enough trouble to learn some lessons but not enough to die (usually).

But is that really what childhood in the 80s was like? Were parents really that hands-off? Did kids really roam around freely like the movies and stereotypes portray? Were people really not worried about what the kids were up to when no one knew where they were and no one had cell phones to check in?

Someone asked that very question and the overwhelming response pointed to a clear answer.

Yes, 80s kids really did have childhoods that are hard to imagine now

"Did parents in the 80s really allow their kids to roam freely, or is that just a portrayal seen in movies?" X user OThingstodo asked. Here are the top responses:

"Really. And it was awesome."

"Facts. We are the generation who raised ourselves. There really was a commercial that came on each night asking parents if they knew where their children were. We survived off hose water & anything we perceived as food. (Berries, fruit trees, etc) We were not allowed to sit inside.. if we tried, we'd get loaded down with chores. We truly were the feral generation.. we took no guts, no glory to new heights & feared absolutely nothing. It was amazing times that still, to this day, bring forth a rush of nostalgia at the smallest memory."

"This is so true. And Sometimes we just got to cook our own TV dinners. And our parents did not constantly have to engage us or make sure we weren’t bored."

"Allowed? We were not allowed in the house during the day. We had bikes and friends. There was 3 rules 1: don't get hurt 2: don't be brought home by the police 3: see that light? If it's on you're late and grounded."

"In the summer it was get home when the streetlights come on. Raised on hose water & neglect. It was glorious."

"I used to roam the sewer drains around town with my friends. Just a handful of us and some flashlights."

"Yep. We rode our bikes all over the place exploring reality. We also had unlicensed lemonade stands, and after we sold out, we’d ride up to the store alone to buy snacks alone. We had our own house keys, we stayed home alone after school, and we cooked for ourselves. No one freaked out about it either."

"We left the house after school and they wouldn’t see us until the street lights came on. Didn’t ask us where we had been or what we did either. We were raised on hose water and neglect in the 70’s and 80’s."

"Well into the 90s. They told us to be home for dinner by ___ or before nightfall. They didn't have a clue where we were or really any way of finding out. This was just the norm. ... then cell phones."

"It’s true. Realize that back then, there weren’t cell phones, video games, 24 hour kids TV, etc. You wanted to be with your friends & that was outside, even in winter. Your bike was your prized possession & while there were bad elements then too, it wasn’t like now. Sad."

That last point, "while there were bad elements then too, it wasn't like now" sentiment came up a lot in the responses. Let's dive into that a bit.

It's easy to look at the past through rose-colored glasses

For the most part, everything people said about those 80s childhoods is true, except this: The world was not safer back then. There weren't fewer "bad elements" and there wasn't less crime.

Around the year 2015, articles started coming out about how children were statistically safer than they'd ever been.

In fact, statistically, the 80s were less safe than now by pretty much every measure. Looking at violent rime statistics from 1960 onward shows that the 80s had significantly higher violent crime rates than we've seen in the 2000s. The idea that Gen X childhoods were carefree with nothing to fear is simply wrong. We just weren't aware of everything there was to fear.

Social media and 24-hour cable news networks put scary things in front of our faces all day every day, giving us a skewed perception of reality. And that's not just conjecture—according to Pew Research, Americans tend to think crime is rising even when it's going down. "In 23 of 27 Gallup surveys conducted since 1993, at least 60% of U.S. adults have said there is more crime nationally than there was the year before, despite the downward trend in crime rates during most of that period."

The folks remembering their free-range childhoods as blissful and safe seem to have forgotten that we started our days pouring milk from cartons that had pictures of missing children on them. A few high-profile abductions and murders of children caused a bit of a missing children panic in the U.S, leading President Reagan to sign the Missing Children Act in 1982 and the Missing Children's Assistance Act in 1984, which founded the National Center for Missing & Exploited Children.

But "high-profile" in the 80s meant a spot on the nightly national news and a headline in a newspaper. Most crimes were only reported locally, there as no "going viral online" and it was easy to avoid scary news if you wanted to. We live in a totally different world today, but not in the way people think. We're safer by nearly every measure, from car accidents to infectious disease to violent crime. But we feel less safe, which directly affects how we parent our children.

There was indeed magic in our blissful ignorance

There's something to be said for being unaware of every bad thing that's happening in the world. We may have been less safe in the 80s in actuality, but not knowing that had its perks.

The question is, can we put the genie back in the bottle? Is it possible to give kids an 80s-style childhood in the age of ubiquitous screens and parents being arrested for letting their tweens walk less than a mile from home by themselves?

Societal expectations of what kids can and should do have changed drastically, as have levels of anxiety and fear in general. Parenting styles have shifted toward more involvement and greater attachment, which isn't bad in and of itself but can be taken to an extreme. The neglectful parenting style of the past wasn't ideal and neither is the overprotective style the pendulum swung to.

If we could somehow find a way to give kids the joy of unstructured outdoor exploration of the 80s and the stronger parent-child connections of the present, we might just hit the sweet spot of raising healthy kids. Perhaps the next generation of parents will figure it out.

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Mental Health

Man's 'spotting ADHD in women in 25 seconds' trick is creating an emotional response

"As I listened I started laughing because you're literally describing me, then I started crying because you're literally describing me."

Photo credit: Canva

Man's trick to spotting ADHD in women is creating an emotional response

ADHD can be debilitating at times. Sure, people make it out to be some cutesy condition where they forget things or hyper-focus on a hobby for days before moving on to something else. But there's more to the disorder than forgetfulness and a messy bedroom so when it's downplayed or placed in the category of just being quirky it's easy for those who have it to feel misunderstood and unseen.

This is especially true for women because ADHD presents differently in them and symptoms can fluctuate throughout the month due to hormone changes. Many girls are not diagnosed with the disorder until well into womanhood due to the uncharacteristic presentation though change is occurring to catch the diagnosis before girls reach adulthood.

Alex Partridge, the founder of LADBible and UNILAD is an adult with ADHD and hosts a podcast called ADHD Chatter. Recently he shared a video explaining how to spot ADHD in women in less than 30 seconds and the response was an emotional fire hydrant. The short clip, quickly goes through some key manifestations of ADHD in women and it's quite accurate.

Giphy

"They will overthink everything. That's because the hyperactivity is in their heads. It's like five squirrels on speed barreling around up there and it never stops, ever. And this will cause a lot of anxiety which is why so many women were misdiagnosed with an anxiety disorder," Partridge starts the video.

ADDitude Magazine writes women have, "a subtle symptom presentation with a greater likelihood of inattentiveness marks the ADHD experience for many women and girls, who are not outwardly disruptive to others," before adding. "Research shows that women are highly motivated to hide their ADHD symptoms and compensate for them. The symptoms that are observable are often anxiety or mood-related, which can lead to misdiagnosis."

Inside Out Hello GIF by Disney PixarGiphy

The video hits on some key components of ADHD in women like the tendency to overshare, becoming overwhelmed over seemingly small things but managing well in crisis situations. Partridge even mentions difficulty maintaining friendships due to lacking object permanence, which is extremely common and adds to the forgetfulness experienced in ADHD.

Someone who has ADHD maintaining a friendship with someone who doesn't likely leads to a lot of hurt feelings because if that person moves out of their recent call or text log, they essentially no longer exist. This isn't because the person with ADHD doesn't want to maintain connection or doesn't think their friendship is important, it is due to the reminder of that person no longer being in their eyesight. Lack of effective object permanence is also the reason if things are put away, like fruit in a fridge drawer, they're often forgotten because they're not seen.

- YouTubeyoutube.com

Partridge says about women with ADHD, "they will spend their life feeling like they're constantly just barely staying above water. They'll wish they could go back in time, put their arms around a younger version of themselves and reassure them that everything is going to be okay and that they're not broken, just different."

Women responded to his video with tears and feelings of being seen, not judged, with one woman sharing, "as I listened I started laughing because you're literally describing me, then I started crying because you're literally describing me."

Sad Cry GIFGiphy

Another writes, "I actually cried watching this because no one has ever perfectly described my inner world in less than 30 seconds."

One woman shares, "Wow. Just wow. So accurate. I beat myself up all the time because I have realized the telling a similar story is perceived as me wanting to "take over" or "make it all about me" when my whole life I have meant it to show empathy. It makes me feel ashamed. But I have good intentions when I do that. Thank you for acknowledging that."

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Business

This Map Reveals The True Value Of $100 In Each State

Your purchasing power can swing by 30% from state to state.

Image by Tax Foundation.

Map represents the value of 100 dollars.

As the cost of living in large cities continues to rise, more and more people are realizing that the value of a dollar in the United States is a very relative concept. For decades, cost of living indices have sought to address and benchmark the inconsistencies in what money will buy, but they are often so specific as to prevent a holistic picture or the ability to "browse" the data based on geographic location.

The Tax Foundation addressed many of these shortcomings using the most recent (2015) Bureau of Economic Analysis data to provide a familiar map of the United States overlaid with the relative value of what $100 is "worth" in each state. Granted, going state-by-state still introduces a fair amount of "smoothing" into the process — $100 will go farther in Los Angeles than in Fresno, for instance — but it does provide insight into where the value lies.

The map may not subvert one's intuitive assumptions, but it nonetheless quantities and presents the cost of living by geography in a brilliantly simple way. For instance, if you're looking for a beach lifestyle but don't want to pay California prices, try Florida, which is about as close to "average" — in terms of purchasing power, anyway — as any state in the Union. If you happen to find yourself in a "Brewster's Millions"-type situation, head to Hawaii, D.C., or New York. You'll burn through your money in no time.

income, money, economics, national average

The Relative Value of $100 in a state.

Image by Tax Foundation.

If you're quite fond of your cash and would prefer to keep it, get to Mississippi, which boasts a 16.1% premium on your cash from the national average.

The Tax Foundation notes that if you're using this map for a practical purpose, bear in mind that incomes also tend to rise in similar fashion, so one could safely assume that wages in these states are roughly inverse to the purchasing power $100 represents.


This article originally appeared seven years ago.

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