You have most of it. More importantly: You always do X Y and Z in poker (many times), even if you will probably lose the current hand, because X Y and Z are al

You have most of it. More importantly: You always do X Y and Z in poker (many times), even if you will probably lose the current hand, because X Y and Z are all positive expectation, even if the current result of that particular instance turns out bad. This skill cannot be undersold in real life. It's the key to sales pitches, job interviews, getting raises, running departments, etc. It's the key to fairness to people who did something that got a poor result (but was a good way to do something), etc.