Huh? This used to be true twenty years ago, but modern sensors in prosumer cameras capture a lot more dynamic range than can be displayed on the screen or conveyed in a standard JPEG. If you shoot raw, you absolutely have the information needed to rescue nominally clipped highlights. You get 2-4 stops of latitude without any real effort.
The problem here is different. If the rest of the scene is exposed correctly, you have to choose one or another. Overexposed highlights or underexposed subject. The workaround is to use tone mapping or local contrast tricks, but these easily give your photos a weird "HDR" look.