"The North Pole is a wonderful place, filled with good will and Christmas spirit and all those things and I'm a by-product of that world," Ferrell says about Buddy.
He adds, "It's definitely your family affair, if you will, which is kind of the appeal of it, because I really hadn't been in anything like that."
Ferrell, who created numerous memorable characters during his seven seasons as a cast member on "Saturday Night Live," and who co-starred earlier this year in the comedy hit "Old School," describes Buddy as having "no judgment of anything or anyone. He just accepts."
He continues, "Buddy is a good example of how ignorance is bliss. So, how others react to him is as much a comment on them as it is on Buddy. Some feel sorry for him, most find him annoying, but others just enjoy his total acceptance and wonder in something that seems so mundane, such as riding on an escalator for the first time. He's a person who finds joy and interest in the smallest of things."
Buddy, Ferrell tells Early Show co-anchor Harry Smith, cannot lie. Ferrell notes, "Falsehood is not truly what Christmas is all about."
The downside of being an elf in New York City, Ferrell says, is "he doesn't know that it's not OK to eat gum off the ground. Candy is there. You just get free candy."
Determined to find his father, Buddy ventures from the North Pole to New York City where his dad, Walter Hobbs (James Caan), works at a book publishing company in the Empire State Building.
DNA testing proves to Hobbs that Buddy is truly his son and he reluctantly introduces him to his wife, Emily (Mary Steenburgen), and their 10-year-old son, Michael (Daniel Tay).
As a new addition to the family, Buddy drives the Hobbs family members to examine their lives and brings back the spirit of Christmas.
About Will Ferrell
- Born in Irvine, Calif., July 16, 1967.
- Attended University High School in Irvine, Calif. (1986).
- Attended University of Southern California in Los Angeles, Calif. Majored in sports journalism (bachelor of science degree).
- After graduating from USC, worked as a sportscaster for a weekly cable series and began performing stand-up routines
- In 1991, began studying improv with The Groundlings; after six months, asked to join the troupe; first worked with fellow "Saturday Night Live" cast members Chris Kattan, Ana Gasteyer and Cheri Oteri. Created Simpatico, a mock performance artist troupe, that appeared in local comedy clubs
- In 1995, appeared in the Showtime TV-movie "A Bucket of Blood" and joined cast of NBC's "Saturday Night Live"; received 2001 Emmy nomination
- In 1997, made his feature film debut, "Austin Powers, International Man of Mystery" as Mufasa
- In 1998, co-wrote (with Chris Kattan and others) and co-starred in the comedy "A Night at the Roxbury,:" based on characters created for "SNL"
- In 1999, Farrell portrayed Watergate reporter Bob Woodward in the satire "Dick." He also costarred in the "SNL" Mary Katherine Gallagher spin-off "Superstar."
- In 2000, appeared in the "SNL" spin-off movie "The Ladies Man"
- In 2001, he had a supporting role in "Jay and Silent Bob Strike Back" and acted in the broad comedy "Zoolander," starring Ben Stiller and Owen Wilson
- In 2002, Farrell left "Saturday Night Live" to pursue a movie career
- In 2003, starred with Luke Wilson, Vince Vaughn and Juliette Lewis in "Old School".
- 2004, to star in the comedy "Anchorman" as Ron Burgundy, a 1970s anchorman with an inflated ego, who becomes threatened by the arrival of an ambitious female newscaster who, unlike Burgundy, has mastered journalism. Ferrell co-wrote the script with "SNL" writer Adam McKay.