The film contains three Jan Werich's fairy tales, each directed by one artist. The first story sets out to the Sumava mountains in Southern Bohemia to find out whether Ogres ever lived there. The middle tale The Hat and the Little Jay Feather concerns a king who sends his three sons to bring back a hat he left at a tavern when he was young. The third and longest fairy tale Reason and Luck is about the two virtues of the title try to prove their importance by changing the life of a pig herder named Louis.