Yes, it is. The original story might have some common themes and situations that many people can relate to in real life. For example, the character of Otto might be inspired by real individuals who have similar personalities or life circumstances. By basing the story on real elements, it can make the narrative more engaging and believable for the audience.
Yes, 'A Man Named Otto' is based on a real story. The story likely has elements that are drawn from real - life experiences or situations, which are then adapted into the movie or book format.