The first story is about a clever lamb that tricks a wolf into playing the flute long enough for the shepherd and dogs to rescue the lamb. The second story is about a shepherd boy who falsely cried "wolf" several times, causing the villagers to stop believing him when a real wolf actually attacked his flock. The third story is about a miser who buried a lump of gold that he never used, only to have it stolen by a worker who discovered the secret hiding place. The neighbor tells the miser not to grieve and to pretend a stone is the gold since he didn't make use of the gold anyway.