Lol I love how he compares inselves to old guys that can actually act
But...Arnold is an old guy who happens to act very well.
The reason he became so successful in his life (Olympia, Movies, Politics, Restaurants etc.) isn't because he was a smart man by way of pure intellect or even because he was a true actor, the likes of Anthony Hopkins or Tom Hanks. He became successful because he is able to ACT the part that is necessary for all these roles, add to that his overconfident, dare I say cocky, ways.
Arnold is the type of guy that if he applied for a job, on his resume he would place over a hundred skills desired for the job that he has no experience with, but after he is hired, he would pretend to know those skills and would either just pick them up as they are required of him or would coerce/bully a weaker individual in the workplace to do it for him.
In the end, no one would know any better regarding his true potential, but what everyone does know is that he places a huge value on his personal worth. A value that in his case has gotten him VERY far.
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