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 don't need it all, oh-oh 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 don't need it all Hey, you just don't need it all You don't need it all Ooh-ooh-ooh, don't need it all Hey, you can try, but you can't have it all Oh, no, no He'll never make any enemies, enemies He won't complain if he's caught on his knees, no He'll always ask, he'll always say please ♪ Beautiful loser Never take it all 'Cause it's easier And faster when you fall Ah, you just don't need it all Oh, you just don't need it all ♪ You just don't need it all