[Xhad]

There are several major problems with this reasoning:

-It ignores forced money in the pot. Most hold-'em games have the same blind structure but there are various structures that start with either more or less money in the pot. As an extreme example, if the casino were to add $1000 to a $2/$4 pot as a promotion for one hand only, you should be playing any hand.
-Implied odds. Sometimes a hand will not be good enough to play on it's sheer win percentage, but it tends to flop draws or hands that play well postflop, and can expect to win more than their share on later streets.
-Reverse implied odds. ATo is a top 11% hand, which means you should play it in early position according to your theory, but this is a bad idea because it's an easily dominated hand, meaning it stands to lose money on later rounds.
-Fold equity. Sometimes if you open for a raise, better or similar hands fold. How aggressive you should raise depends on how much your opponents fold, but some weak-tight players fold so much you can raise their blinds from late position with any two cards.