Little Bear and Mommy Bear are walking through the forest when Little Bear finds a shiny stone, a beautiful rose, a soft feather, and a butterfly. To the baby bear, each one is the most precious thing in the whole wide world. Mommy replies each time that the most precious thing in the world is even better than each of those objects. At the end, Little Bear can't wait any longer. He asks what the most precious thing in the world is, and Mommy Bear replies that it's Little Bear.