Picasso didn't need a manufactured excuse to explain why his art sucked.
You have to hand it to him, though. Everything he produced made money. I've seen people on Antiques Roadshow with some doodle of his that is worth big bucks. Apparently, Picasso would run up a big bar tab and pay for it with an instant masterpiece that he would doodle on the spot. He was definitely on of the great bullshit artists of all time.