Huge fan of the Hoid character like many of us are, but as someone said above I think our bias for our boy may be showing here. TOdium got the jump on him. Though I prefer to think Hoid just got unlucky in this instance rather than beat.
Besides the fact a key underlying Sanderson theme is fallibility of literally everyone (including gods and Hoid with the pen thing earlier in the novel), a few meta questions I asked myself to confirm this was a “loss”:
-Narratively, does it strengthen the threat of the new Odium by making him fooled by Hoid the very next scene after he becomes the vessel? Seems silly to kneecap him so early.
-What does Hoid clearly gain by fooling TOdium like this? Without the epilogue, we would’ve already assumed Hoid is steps ahead of him. Writing a whole scene that shows the opposite seems like a stretch to just re-emphasize Hoid’s competence. I trust Brandon not to be that manipulative in his plotting.
-Finally, does Brandon likely think we want to read more about Hoid always mysteriously being steps ahead or finding out how he reacts to obstacles? Especially as the stakes go up and the climax gets closer.