Larry Smith, The Church of Jesus Christ of Latter-day Saints’ investment portfolio manager, was allegedly fired and excommunicated early this morning after word got out that he had ignored a strong spiritual prompting to covert all of the Church’s more than $100 Billion in available assets into GameStop stock several months ago.

Sources at Church headquarters confirm that President Nelson, after a restless night, called Larry into his office.

“Larry. The parable of the talents is an inspiring and instructive lesson in how we are to act as stewards over the Lord’s property.” President Nelson said, opening his quad to Matthew 25:27. “Let’s read together: ‘Thou oughtest therefore to have put my money to the exchangers, and then at my coming I should have received mine own with usury.’ Larry, we love you, but we need to let you go. From the entire Church.”

Despite a firm rebuke from Church leaders, Larry stands by his decision to ignore the Lord’s guidance.

“Sure, I had that one dream where I walked into GameStop and traded in an old copy of Call of Duty for $469 in cash. And then there was the day I started getting notifications from r/wallstreetbets without having a Reddit account. Oh, and the angel who visited me and directly told me to buy $100 Billion in GameStop stock and then sell it when it hit $400. But it went against sound investment fundamentals, so I wasn’t going to listen to it.”

Although the Church lost out on an estimated $11 trillion investment opportunity, the investment team is excited about the Redditors they’ve brought on board to replace Larry. Meanwhile, Larry has been contacted by hedge funds who “like his style” and is said to be considering an offer from Melvin Capital.