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Let $x_1,x_2,x_3,x_4$ be the roots of $ax^4+bx^3+x^2+x+1$. Replacing $x$ by $\frac1x$, it follows that $\frac1{x_1},\frac1{x_2},\frac1{x_3},\frac1{x_4}$ are the roots of $p(x) = x^4 + x^3 + x^2 + bx + a$. The second derivative of $p(x)$ is $p''(x) = 12x^2 + 6x + 2$, which has no real roots. So $p'(x)$ can have only one real root, and $p(x)$ has at most two real roots. Therefore at most two of $x_1,x_2,x_3,x_4$ are real.