And I embody every characteristic of the egotistic
He knows, he’s so fucking gifted

from Kanye West (Ft. Dwele) – Power Lyrics on Rap Genius

Meaning

Y'all know Kanye’s gifted, right?

Kanye is proud to be the modern-day symbol of cockiness, because he knows it stems from the belief that he really is that good.

Also, there’re fewer things more egotistic than referring to yourself in the third person.

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