To take pride in the fact that you are hated, persecuted, or criticized by someone you have no respect for. The person you have no respect for considers you a dick, but you proudly tout the moniker as a sign that you are, in fact, capable and
reasonable. Such pride can be
manifested by the moniker's recipient by a
laminated badge on one's chest in the form of red male genitalia. Refers to Stephen Crane's civil war novel "Red Badge of Courage."
A: My boss is a total fuck-up-- I had to
single-handedly save the project; yet he thinks I'M a dick. He gave me a horrible work evaluation. But
I don't care, it's my Red Dick of Courage.
B: Ah, so that explains
the penis on your lapel.