[Collin Moshman]

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Many of these conclusions are not correct in many situations.

The most glaring, obvious one being to shove all in on the river with the nuts.

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When you value bet, your expectation is:

P(You are Called) x (Amount you Bet).

So if you think there is a good chance you will be looked up with a big bet, your expectation is often higher betting big for value. The intuitive belief is often the opposite, namely that value betting is a "milking" process where you bet small to assure gain from a big hand. Keeping the above formula in mind will certainly benefit your value bets, and I think it was an excellent point made in the book.