Eddie Morra is a struggling author in New York City. His girlfriend Lindy, frustrated with his lack of progress (as well as his seeming lack of ambition, motivation, and focus), breaks up with him. Eddie encounters Vernon, the brother of his ex-wife Melissa, who gives Eddie a sample of a new nootropic called NZT-48, which Vernon implies will help Eddie with his "creative problems". On the drug, Eddie discovers he has acquired perfect recollection of everything he has ever read and refined interpersonal skills. As he swallows a pill, he is being yelled at by his landlord's wife. With his new power he calms her down, helps her with her homework and sleeps with her. His new power enables him to make significant progress on his book.
The next day, the effects having worn off, he brings his pages to his publisher, who praises them. Eddie seeks out Vernon for more NZT-48, but while Eddie leaves to run some errands for Vernon, Vernon is murdered by someone searching for the drug. Eddie locates Vernon's supply and begins ingesting pills daily, eventually doubling & tripling the dosage. With its effects, Eddie improves his entire lifestyle, appearance, sex appeal, and social circle, and finishes his book. While enjoying his new life, Eddie has an epiphany; in order to achieve the plan he derives from his epiphany, he decides to focus his talent on investing in order to raise capital.
Eddie quickly begins making large returns on the stock market and borrows $100,000 from a Russian loan shark, Gennady. He is hired at a brokerage firm and resumes his relationship with Lindy. Eddie experiences what he refers to as a "time skip", a momentary lapse in memory. Eddie's success leads to a meeting with finance tycoon Carl Van Loon, who tests him by seeking advice on a merger with Hank Atwood's company. After the meeting, Eddie experiences an 18-hour party-hopping time skip. The next day in a meeting with Van Loon, Eddie sees a news telecast that a woman has been murdered in her hotel room. Eddie recognizes her as the woman he slept with during his time skip and abruptly leaves the meeting.