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Poker Video: No Limit Hold'Em by sthief09 (Micro/Small Stakes)

I am in this video for 30 minutes now.
I hope the player doesnt view this as an insult, its more something I have trouble with myself.

In the beginning of the video the player says he runs bad, after seeing 4 hands I have seen tons of spew.
What indicates the run bad? Is spewing just a part of running bad?

Another question: Lot of the hands are misplayed because of looking at the stats too much. Wouldn't it be better for a lot of small stakes players to just use vpip/pfr and try to develop reads instead of looking at those stats?

You say yourself in this video that reads come before stats and that stats doesnt tell you much. If you have VPIP/PFR you know what type of player he is.. isn't that enough?

Even a 3-bet % of 7 doesn't say what the range is, that comes from reads?

Well, the problem with relying solely on reads is that sometimes you play awhile without really learning anything. Stats+paying attention is better than either one individually. It can be tricky to use stats with small samples, but it is possible to glean small amounts of information, specifically in extremes (ie if a guy c-bets 7 out of his first 7 chances, that tells us he probably c-bets more frequently than the average player).

45 min: You say the nit can raises here with AA on T75 versus the UTG open from our 'hero'. Our hero is 23/17 and a reasonable player.
The nit is a 15/11 and he probably knows he is a nit. I don't think he can raise here and expect to get value from a T or even JJ, QQ.

A nit raising this flop = a set, always. So. Wouldn't he turn his AA in a bluff trying to make us fold...44?

On all levels raising the AA fr value on his part doesn't make any sense to me

I agree in principle, but the one thing you left out is what does nit think of us? I see nits get paid off by hands that shouldn't have even seen a turn card, so I don't think it's a given that a nit can't get value from regs without the nuts.

01.03: 33 versus the nit. This actually shows that you should not put to much into stats.
I can see how hero's leak made him do this. If the nit had been raising a lot in the beginning of his session and just running hot, he might have had stats like the 31/21 player after 20 hands... So hero makes this move, and when the session is on its way, 200 hands later, the guy is a nit.

For sure, but it's important not to dismiss stats either. There's a confidence interval at any given time. We aren't calculating it, but it's there and a small sample can narrow certain possibilities out or make other possibilities more likely. a player who plays 0 hands out of his first 20 doesn't have to be a nit, but it's far more likely he's a nit than a 31/21.