1) The story is about three little pigs who leave home to seek their fortunes. The first two pigs build houses of straw and sticks that are blown down by the wolf, who eats them. 2) The third pig builds a sturdy brick house that withstands the wolf's blows. Later, the pig outsmarts the wolf through his quick thinking. 3) In the end, the third little pig boils the wolf in a pot after he tries to come down the chimney, eating him for supper and living happily ever after.