Buddy (Will Ferrell) was a baby in an orphanage who stowed away in Santa’s sack and ended up at the North Pole. Later, as an adult human who happened to be raised by elves, Santa allows him to go to New York City to find his birth father, Walter Hobbs (James Caan). Hobbs, on Santa’s naughty list for being a heartless jerk, had no idea that Buddy was even born. Buddy, meanwhile, experiences the delights of New York City (and human culture) as only an elf can. When Walter’s relationship with Buddy interferes with his job, he is forced to reevaluate his priorities.

A young man (Bass) meets a girl (Chriqui) on a train, only to spend the rest of the movie trying to reunite with her (one of the love-at-first-sight things), aided by his best friend (Fatone) in a quest of posters and signs that soon gains public notice. Will he ever find his soulmate?

When Waring Hudsucker, head of hugely successful Hudsucker Industries, commits suicide, his board of directors, led by Sidney Mussberger, comes up with a brilliant plan to make a lot of money: appoint a moron to run the company. When the stock falls low enough, Sidney and friends can buy it up for pennies on the dollar, take over the company, and restore its fortunes. They choose idealistic Norville Barnes, who just started in the mail room. Norville is whacky enough to drive any company to ruin, but soon, tough reporter Amy Archer smells a rat and begins an undercover investigation of Hudsucker Industries.