He wants to dream like a young man

With the wisdom of an old man

He wants his home and security

He wants to live like a sailor at sea

Beautiful loser, where you gonna fall?

You realize you just can't have it all

He's your oldest and your best friend

If you need him, he'll be there again

He's always willing to be second best

A perfect lodger, a perfect guest

Beautiful loser, read it on the wall

And realize, you just can't have it all

You can't have it all, you can't have it all

Oh, oh, can't have it all

He'll never make any enemies, enemies no

He won't complain if he's caught in a freeze, no

He'll always ask, he'll always say please

Beautiful loser, never take it all

'Cause it's easier, faster when you fall

You just don't need it all

Oh, oh, you just don't need it all