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IAmGraydontoday at 3:19 PM1 replyview on HN

Calling this “smart” is like calling the decision not to shoot yourself in the face at close range with a shotgun “smart.”

It’s incredibly dumb that it was ever even under consideration.


Replies

lenerdenatortoday at 6:14 PM

This is the US financial system.

"Smarts" has nothing to do with anything there and never has, so at least IMO, it's noteworthy that they didn't just sell out the index.