To learn Arlo Guthrie - (Remastered 2004) Hobos Lullaby chords, grasp the musical fabric of the song with this sequence - Bb, Ab, Eb, Ab, Db, Ab, Fm and Db of chords. Begin your practice at a relaxed 94 BPM, then work your way up to the song's BPM of 189. Considering the song's key of A Major, position your capo to suit your vocal and chord preferences.