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 
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 [bad word] 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