The book tells how things really are: People like tales more than reality, nobody likes bad news. People are 10 times more prone to believe things they like. The odds are against risk management. It is surprising if anybody can do it properly:
"We are like a primitive tribe that tries to hold the devil at bay by refusing to say his name." [p.113]"The Ethics of Belief" by William Kingdon Clifford, which is mentioned in the book is well worth reading on its own.