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This isn’t a good hand history and as a noob here it’s alarming to me that nobody corrected you.
#1 You are not the effective stack. The short stack is the effective stack.
#2 Playing 40BB deep never fold any suited hand from the BB vs a single raise unless there is a hefty amount of risk premium involved or they are using an unnecessarily large open size. In this case maybe something over 3x.
#3 You are out of position post flop vs the button so they can not check to you on the turn and river.
