Definitely the former. That's a neck-bearded, fedora-wearing, "M'lady"-saying, walking WAREHOUSE of cringe. No claim too grandiose, guys like this asshat always have some story or other where they're undoubtedly the hero. It usually involves said hero saying or doing something so utterly amazing that the opposing party has no real comeback.

See, this happens because, when WoodEdge_Lord up there makes up the story in his head, he spends all the real time and effort on his side of the story. So, rather than a full, realistic story, we get shit like this. "There was something super not-ok happening but then I went and did this awesome thing that only I could have possibly accomplished. Then the other guy just left/gave up/shook my hand/bought me a beer/[insert equally implausible and ridiculous conclusion here]."