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.
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