Well she's walking through the clouds
With a circus mind that's running 'round.
Butterflies and zebras, fairy tales,
That's all she ever thinks about. [ Lyrics from: http://www.lyricsmode.com/lyrics/d/derek_and_the_dominos/little_wing.html ]
When I'm sad she comes to me
With a thousand smiles she gives to me free.
Said, "It's all right, take anything you want,
Anything you want, anything."
I think this song is about a girl who is never satisfied. She always gets something but wants something more. She always living in a fantasy world, and she wants everything to be perfect.