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 When 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 just can't have it all just can't have it all just can't have it all Ohh ohh can't have it all You can try but you can't have it all He'll never make any enemies enemies He won't complain if he's caught in a freeze He'll always ask he'll always say please Beautiful loser Never take it all 'Cause it's easier And faster when you fall You just don't need it all You just don't need it all You just don't need it all