Board Thread:Episode Discussion/@comment-26397825-20171028154114/@comment-4010415-20171029041806

Knightmareace wrote: Why's wouldn't you believe that this ancient story was around since someone was a child? Because he's implying that he's super super old, that he's so old that you would think that he was born before some of the oldest fairy tales were written, so his joke is "Nah, that fairy tale was actually around in my childhood too, believe it or not. That's how old it is, it was even in my childhood, and I'm ridiculously old." Like a grandpa exaggerating his age as a joke. "Pfft, grandpa, you're not 200 years old!"

Except Ozpin's joke had some truth to it, unbeknownst to Pyrrha. She thought he was just being silly.