This paper examines the correlation among different aspects of speech and thought representation with a focus on free indirect discourse. The paper first examines Genette’s views regarding speech and thought representation and then focuses on the analysis of various types of speech and thought ranging from the most mimetic to the most autodiegetic. I will then focus on the free indirect discourse and try to shed light on it by resorting to the theories of Bally, Toolan and MACHILL. Our analysis demonstrates the fact that the linguistic features of FID can represent the thoughts and ideas of characters and narrators of the story in a special way while they also bring about a kind of discourse replete with irony and ambiguity.