D) But still, *the way he put it* made it *sound* like it would also include cases a la "Dang, it was *this* close that it would all just have been a bad memeory for him to tell his grandkids forty years from now". The ones where it becomes clear only afterwards that the period when one spent all that dough turned out to be ones last. (For *those* cases, "most of what we spend is at the end!" *is* a fallacy pretty much like my "shut down the hospitals!" joke[let].) Sure, I know that wasn't what he *meant* to talk about... But his ex-CFO happened to *do* so.