The LOTR RPG specifically threw game balance out the window when it came to Elves, which IMO is a good thing. That's why they have so many attribute mods and extra edges.
IMO, time means different things to Men and Elves. A Man might fritter the first 15 years of his life before deciding what to do. An Elf could spend 300 years in the forest smelling the flowers and singing about them, comparatively.
It's all subjective.
Just because one is immortal doesn't mean they have to be the most experienced.![]()