Canadian band Hey Rosetta! recorded a version in 2014. American indie rock band Manchester Orchestra performed a version of the song in July 2013 for The A.V. Included in the recording, and featured in the video, were drummer Travis Barker of Blink-182, bassist J Bonner, and keyboardist Kevin Bivona of The Transplants. In late 2012, punk rocker Tim Armstrong, best known as front man of Rancid, recorded a ska-flavored cover of the song under the moniker Tim Timebomb and Friends. The song was covered by Counting Crows as a B-side for their 2003 single " If I Could Give All My Love (Richard Manuel Is Dead)" and re-released on their 2012 studio album Underwater Sunshine. Banjo player Danny Barnes covered the song on his 2003 release Dirt on the Angel. Indie rock band Silkworm covered the song for their 2000 LP Lifestyle. Lane regularly performed the song at concerts and on radio shows throughout his solo career until he retired from the music business in 1993, due to bad health. Although his studio version was never released during his lifetime, it appeared as the title track of the 2014 Slim Chance compilation Ooh La La: An Island Harvest. Lane recorded his own version with his new group Slim Chance soon after leaving Faces in 1973 it featured lyrics slightly altered from those he wrote for the Faces version. Sales+streaming figures based on certification alone. It appeared on the Ronnie Wood greatest hits compilation Ronnie Wood Anthology: The Essential Crossexion, where Wood stated in the liner notes that he always thinks of Lane when he plays it. When They're Asleep and then also on the 2004 four-disc box set Five Guys Walk into a Bar. It appeared again on the 1999 Faces retrospective Good Boys. The first compilation on which the Faces version appeared was the album Snakes and Ladders / The Best of Faces. In addition to being the closing title track of the Faces' final studio album, the Faces version of the song appeared as a US single in May 1973.
The lyrics describe a dialogue between a grandfather and grandson, with the elder man warning the younger about the perils of relationships with women: "Poor old granddad, I laughed at all his words / I thought he was a bitter man he spoke of women's ways." The chorus laments, "I wish that I knew what I know now, when I was younger."
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