An American millionaire, who had always bad luck with women, bets that he can live without them for five years. But after four and a half years traveling around on his yacht, he rescues a lady from drowning in the English Channel.

The film tells the cultural story of Berlin during the Weimar Republic through interviews with a number of persons who were involved in literature, film, art, and music during the period. It includes interviews with Christopher Isherwood, Louise Brooks, Lotte Eisner, Elisabeth Bergner, Francis Lederer, Carl Zuckmayer, Gregor Piatigorsky, Claudio Arrau, Rudolf Kolisch, Mischa Spoliansky, Herbert Bayer, Mrs. Walter Gropius, and Arthur Koestler.