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,
perfect lodger, a perfect guest.

Beautiful loser, read it on the wall
And realize, you just can't have it all.
just can't have it all,  you can't have it all,
Oh, oh, ... can't have it all.
You can try, you can try, but you can't have it all.

He'll never make any enemies, enemies oh,
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, faster when you fall,
You just don't need it all
Oh, oh, ... you just don't need it all.
Oh, oh, ... you just don't need it all.
Oh, oh, ... you just don't need it all.