Calvin is leaning against a tree when Hobbes asks what he's doing. Calvin replies he's being "cool". Hobbes says he looks more like he's bored. Calvin replies that "The world bores you when you're cool".

Hobbes, wearing a sombrero, joins Calvin in being "cool". Calvin yells that cool people don't wear sombreros, that nobody wears sombreros. Hobbes trudges off wondering what the fun of being "cool" is if you can't wear a sombrero.

Hobbes is back, this time wearing Mickey Mouse pants. Hobbes knows he'll be "cool" in those pants. They have big, yellow buttons. Calvin tells Hobbes that he looks like an idiot. Hobbes thinks maybe he's new wave. Calvin still thinks Hobbes is just stupid.