I couldn’t beat .25/.50, so I have no idea how good or bad he may be running, but this sounds a lot like a guy who is trying to convince himself he isn’t delusional while being delusional about his chances. I feel like I’ve used this logic in life at times and in the end, nope, I was being delusional.
I mean, if you’re trying to figure out if you’re outclassed or simply running bad for 7k-10k hands in the middle of some 100k hand challenge where you’ve already been competitive for the first 50k hands, it’s a lot easier to believe you might just be running bad. When you come out and get bludgeoned 9 out of the first 10 sessions, it certainly appears he’s more likely outclassed as opposed to running bad.