Thinks of taking the tots all round the earth (6)
I believe the answer is:
dreams
'thinks' is the definition.
The definition and answer can be both related to thinking as well as being plural nouns.
Perhaps you can see a link between them that I don't see?
'the tots all round the earth' is the wordplay.
'the tots' becomes 'drams' (both refer to small alcoholic drinks).
'all round' is an insertion indicator.
'the earth' becomes 'E'.
'drams' going around 'e' is 'DREAMS'.
'of taking' is the link.
Can you help me to learn more?
(Other definitions for dreams that I've seen before include "'''We are such stuff as ... are made on'' The Tempest (6)'" , "'We are such stuff / As dreams are made on' (The Tempest)" , "Thoughts and visions during sleep" , "Fantasy ambitions" , "Reveries or cherished aspirations" .)