The story of an Icelandic man and his slow descent into madness. Along his journey he meets Dagný, the initial cause of his breakdown. Other people he meets in the asylum have been committed for various reasons, such as signing cheques for Adolf Hitler and, believing themselves to be writing songs for the Beatles and telepathically transmitting to the band.

This Icelandic tale, loosely based on the real-life experiences of director Fridrik Fridriksson tells the saga of a boyhood spent in Iceland in the 1960s.