Lyrics:

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
You just can't have it all
You just can't have it all

You just can't have it all
Ohh, ohh, can't have it all
You can try, you can try, but you can't have it all
Oh yeah

He'll never make any enemies, enemies, no
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
Just don't need it all