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This is exactly the thinking that gets bad Razz players in trouble.
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I resemble that remark.
Of course we don't know what the dead cards were, perhaps that played into it.
Edit: I managed to give Tran 40% equity on 5th when Filippi is not bluffing, although I admit my dead cards are a bit extreme:
http://twodimes.net/h/?z=2809634
pokenum -mc 500000 -r 8h 5d 3s as 5h - 2d 4c ts 9c td / 2s 4s 2h 4d 2c 4h
Razz (7-card Stud A-5 Low): 500000 sampled outcomes
cards win %win lose %lose tie %tie EV
As 3s 5d 8h 5h 298787 59.76 201213 40.24 0 0.00 0.598
Ts 9c 4c Td 2d 201213 40.24 298787 59.76 0 0.00 0.402