From the A Quick One liner notes by Chris Charleworth with additions by Brian Cady:

Recorded at Pye Studios, Oct. 4, 1966.
Harpsichord: John Entwistle
This was Keith's first ever composition for The Who, and one of very few he contributed to their catalogue. The reason why all four members of the group contributed songs to this album was that co-manager Chris Stamp had negotiated a deal whereby the song publishers, Essex Music, would advance £500 to each member, a considerable sum in 1966. Roger bought a Volvo 'Saint' car.
The stereo version was released in the U.S., Japan and Europe]
Knowing
Is what people tell you
That you're thinking wrong
Embrace you,
But they really mean "So long"
You talk to them
They laugh aloud
Yet they run to you
In any crowd
Please talk to me again
I need you
We're dancing
We will come and dance near you
We want to learn
Let us come and sitar with you
Distort my ears when
The music's loud
Yet you raise your hatchet
In the yellow crowd
Please talk to me again
I need you
Knowing
Is what people tell you
That you're thinking wrong
Embrace you,
But they really mean "So long"
You talk to them
They laugh aloud
Yet they run to you
In any crowd
Please talk to me again
I need you
This song appears on:
Source Length notes A Quick One 2:25 Happy Jack 2:25 A Quick One - CD Reissue 2:25