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Age and knowledge, how to understand a joke?

Age, knowledge, and jokes are all made casually by Ma Yinchu. The jokes are wonderful, achieving the effect of telling stories without losing the style of insinuating others. This grasp of words is really admirable. At first glance, I don't understand what this means, but after explanation, I understand that Kong Xiangxi is good at telling jokes, and Ma Yinchu is laughing at Kong Xiangxi's age, lack of knowledge and the burden of jokes. This story comes from Ma Yinchu. At Kong Xiangxi's 50th birthday party, Ma Yinchu told such a story to allude to Kong Xiangxi.