To me, this sounds like an attempt (rather clumsy) by your T to extend the situation of your friend back into the therapy room, back into your "relationship" with him (sharing oneself and making oneself vulnerable to a "stranger"--the T). It's highly psychodynamic, and it seemed to not have been that successful, as you focused on the courage part of the statement and thought it meant he was criticizing you. And that is why he clarified that he was not saying you had no courage. I think he may have seen that you had become activated by the "wrong" part of his statement and the easiest thing was to drop it, rather than try to explain what his initial intent had been. That's what it seemed like to me, anyway. I am glad, though, that he got a chance to say he did not think you lacked courage, as this must reassure you that his vision of who you are is closer to who you really are than if he believed you did lack courage.

This sounds like a great plan!