I met him in a dive down in New Orleans
I recognized his handsome face
It was none of my business, but I had to know
What he was doing in this kind of place

'Cause he used to have money, he used to have honeys
He used to be society's prince
But he still wore a grin when I sat beside him
And asked where all that money went

Some was spent on gambling, a lot was spent on women
A little on some good Cabernet
Three or four divorces, at least that many horses
Who never left the starting gate

Diamond rings and furs, swampland in new jersey
That week I spent a year in L.A
I hate to admit it
But I threw the rest away

He said money don't mean nothing in this game of life
It's just a way of keeping score
Show me a man whose got everything
I'll show you one who wants even more

Well so smoke 'em when you got 'em
When you hit bottom, you gotta have a reason to smile
You can have a little piece of the rock
I'll take a little piece of mind
Some was spent on gambling, a lot was spent on women
A little on some good Cabernet
Three or four divorces, at least that many horses
Who never left the starting gate

Diamond rings and furs, swampland in new jersey
That week I spent a year in L.A
I hate to admit it
But I threw the rest away