This study examined the relationship between narcissism and the use of daydreams and fantasy in samples of 129 and 193 subjects. In sample 1, it was found that (1) narcissistic individuals experience achievement, heroic, sexual, hostile, self‐revelation, and future‐oriented daydreams; and (2) these six types of daydreams represent a coherent “arcissistic” fantasy style. In sample 2, narcissistic individuals who were experiencing higher levels of daily stress report using more self‐admiration, power and revenge, and suffering fantasies to cope with stress. The narcissistic theme of entitlement is uniquely related to narcissistic fantasy and the narcissists use of sustaining fantasies to cope with stress. Results are consistent with clinical literature on the narcissistic personality.