Vasco is a medical student in Lisbon, supported by his rich aunts, whom he had falsely told he had already graduated. In fact, he devotes himself to a bohemian life, preferring the popular fairs and pretty women, especially Alice, a seamstress from the Castelinhos quarter, which rather upsets her ambitious father, tailor Caetano, who is familiar with Vasco's debts. After failing yet another final exam, he is surprised by his aunts' announcement that they will visit him in Lisbon to see his practice.

A group of bored well-off young adults come up with anarchic concept of Conceptionism, that promotes absolute looseness when it comes to sex and drugs, but total rejection of money and ego. However, their movement won't last long.

Zé do Caixão hosts this anthology of three short horror stories which feature a strange dollmaker, a necrophiliac balloon seller with a foot fetish, and a psychotic professor involved in sadistic rituals.