At first, I thought they were apron loafers or even tassel. But upon further inspection, it looks like Dennis Gartman appeared on CNBC this evening entirely sockless in penny loafers, made from cordovan leather.
“Damn straight I did.”
The loafer was introduced into American shoe cannon in the 1930’s, first called the ‘Aurland moccasin’. By the 1950’s, they were a significant part of stylish Anglican shoewear, specific to the northeast — and are commonly worn by fuckheads today in places like Nantucket and Martha’s Vinyard.
Mr. Gartman made what some might call a ‘faux pas’ — also known as a tactless display of fashion ignorance by sporting summer shoes in 40 degree NYC weather.
Notice how uncomfortable the Fast Money crew is around Dennis? Who could blame them?
A closer look at Gartman’s shoes.
His entire left leg is practically exposed here, due to a poor off the rack pair of slacks, coupled with feet, which are astonishingly bereft of socks.
At one point during the interview, whilst discussing crude oil and how Dennis thinks $52 is the top, Tim Seymour appears visibly shaken by Dennis’ shoes.
As you can see with this angle, his entire foot is hanging out of the shoe. Un-fucking-believable.
Here is the video of Dennis’ fashion faux pas, as well as meaningless banter about OPEC being dishonest and oil topping out at $52 — because of contango and other horseshit important to his incorrect way of thinking.
The producer of Fast Money, Amanda Diaz, has responded to this post.
If you enjoy the content at iBankCoin, please follow us on Twitter@The_Real_Fly @iBankCoin4tw that's his signature look!
— Amanda Diaz (@cnbcdiaz) December 6, 2016
how about a chart of his calls – this is a finance blogging site — no?
FUCK OFF, shill.
One doesn’t need a chart of his calls to understand why he can’t afford socks.
Yeah, fuck off shill. The close ups of his scandalously exposed calf’s made me laugh hard. One of those “I don’t know why this is so funny but I’m slapping my knees” laughs.
What a fuckin trendsetter that dude is. No socks on a snowy, rainy day in the northeast. Oh, I am long TD, PBCT and CEF.
So the fly wants penny loafers for xmas? Maybe i am reading to much into it.
If they were white it would be miami vice style. btw best post in a while.
Where are you from, the 70’s? Hasn’t anyone from the Fed told you that the quarter is the new penny?
his ankles swollen
Dr. Fly, Thank you for this one sir. “Tim Seymour appears visibly shaken…” An absolute classic.
Damn straight I did” hilarious. Very confident game in lieu of cheap vodka sweats for Mr. D. Gartman.
Back in the mid 60’s in the midwest, when the penny wasn’t yet completely worthless, a lot of guys from the sports teams/rah-rah high school crowd wore those shoes. Didn’t have much use for them either but at least they wore socks in the winter.
I wonder if he bought those loafers in dollar terms or yen terms?
Appears on the same show two days later in lumberjack socks. “Wool socks are the future, and the shortage has just begun. Buy yours now or get ready to lose a few fuckin’ toes to frostbite ladies.”
socks will not be back in style “in my lifetime.”