The lyrics of John Hiatt's song "My Old Friend" depict a nostalgic reflection on the past and a fondness for a long-lasting friendship. The song is a tribute to a close companion who has been a constant source of support and youthful energy throughout the years. In the first verse, the protagonist expresses regret for not being able to build a metaphorical bridge, implying that their ambitious plans and expectations did not materialize. However, the song suggests that despite these disappointments, the bond between the friends remains strong. The mention of Bob Dylan's song "Like a Rolling Stone" playing on the radio evokes a poignant moment that made the friend cry. This could signify a shared emotional connection to the music and the memories associated with it. The chorus conveys the admiration and affection the singer has for their old friend. Despite the passage of time, the friend is described as still being as pretty as they were in their younger years. This nostalgic imagery emphasizes the timeless nature of their friendship. The second verse mentions specific objects and experiences that represent a shared past. The reference to a Corvair with no floorboards and a Gibson Hummingbird guitar signifies a sense of adventure and freedom. The use of patchouli oil, a popular fragrance in the 1960s counterculture, and motor oil creates a distinct atmosphere of the time. The friend's familiarity with the lyrics to songs from that era serves as a reminder of their shared experiences and deep connection. In the bridge of the song, it is revealed that both the protagonist and the friend now have children. When questioned by their children about their youth, the protagonist asserts that they are not much different now, just late for the show. This implies that though their circumstances may have changed, they still carry the spirit of their youth within them. The final repetition of the chorus emphasizes the enduring friendship and the comfort it brings to the singer. The phrase "My old friend" is repeated, reinforcing the importance and value of their relationship. The song ends with an almost plea for the friend's continued presence and support. In essence, "My Old Friend" is a heartfelt tribute to a lifelong friend who has remained a constant source of joy, nostalgia, and understanding throughout the ups and downs of life. The song celebrates the power of friendship to evoke precious memories and keep the spirit of youth alive.