Intelligence is an extremely subtle concept. It's a kind of understanding that flourishes if it's combined with a good memory, but exists anyway even in the absence of good memory. It's the ability to draw consequences from causes, to make correct inferences, to foresee what might be the result, to work out logical problems, to be reasonable, rational, to have the ability to understand the solution from perhaps insufficient information. You know when a person is intelligent, but you can be easily fooled if you are not yourself intelligent.
Isaac AsimovOld men tend to forget what thought was like in their youth; they forget the quickness of the mental jump, the daring of the youthful intuition, the agility of the fresh insight. They become accustomed to the more plodding varieties of reason, and because this is more than made up by the accumulation of experience, old men think themselves wiser than the young.
Isaac Asimov