Roger Waters has admitted he still regrets Pink Floyd's 1975 track "Have a Cigar", a song from the Wish You Were Here album that satirised the greed and cynicism of the music industry. Rather than second-guessing the song's message, his regret centres on the decision not to sing it himself, a choice he believes robbed the track of its intended emotional weight and left it sounding more like a joke than the sincere critique he had envisaged.

Waters wrote the song but felt unable to perform it, while bandmate David Gilmour declined to sing lead because he disagreed with its stance on the industry. The role was instead given to folk-rock singer Roy Harper, a decision Waters later said he regretted, telling interviewer John Edginton that he thought he would have delivered a more vulnerable, less cynical vocal than Harper's, which he felt came across as "a sort of parody". The episode reflects wider tensions within Pink Floyd during the Waters era, a period that produced landmark albums such as The Dark Side of the Moon but was also marked by growing friction, particularly between Waters and Gilmour, which eventually contributed to Waters leaving the band in the 1980s.