Unfortunately, they found that it was the non-depressed individuals who had an inaccurate view of their abilities and station in life! The depressed individuals seemed to view themselves quite accurately. So apparently, a bias towards evaluating yourself more positively seemed to play a role in inculcating positive mental states.
He said that instead of the much touted self-esteem, he now thought that perhaps we should focus on control and self-discipline. Overall an interesting idea, I thought.