Lyric discussion by sharkycharming 

This song was written by the brothers Gibb. My favorite version is from the Barry Gibb demos (all songs that Kenny Rogers eventually recorded for his Eyes That See in the Dark album). I highly recommend those demos, which don't have the 80s gloss of the Kenny Rogers versions.

I think the song means that people spend too much of their lives looking for something better than what they've already got, when if they just stop and value the relationship they have, it will be more precious. Kind of like "a bird in the hand is worth two in the bush."

An error occured.