Tou Kuan is a witty young man from an upper class family. He has outsmarted everyone in his town and has decided to take on the Three Northern Witty Young Masters. His encounter with the first young master (Fu Sheng) is a disaster. However, his luck helps him defeat the second young master (the womanizer). Nevertheless, Tou Kuan loses to the third master (the thief), all while a Taoist Master (Wang Lung Wei) seeks to kill Tou Kuan at the request of Kuan's jealous uncle.