This is definitely true, but I would also consider a cast iron Dutch Oven. Of all the kitchen/cooking things I've used or owned, this is the most fucking versatile thing ever. I've made breads, breakfasts, stews, soups, baked goods, whole chickens, meatloaves, etc. It's not always the easiest what with the high lid (depending on what you're making or your spatula situation), but starting out it's clutch. Plus they're indestructible, can be brought for a campout, and easy as fuck to clean out.
It's also great for stir fries, which, starting out is probably the best way to go. Just a simple base of rice or noodles, some sauce (off the shelf or homemade), some veggies and meat. Experiment with combinations, flavors, etc.
Bread can be highly complicated or supremely simple. I used to make simple no-knead loaves in college all the time for sandwiches on the hill. Plus ladies love a guy that can make some good bread, or cook a good meal (pink names?).
If you're serious about this I can recommend some cook books. And other resources. What kind of food are you into? A LOT of good food is not hard to make once you got some basics.
Either way, Mark Bittman (food boss) wrote this handy book that breaks down basic tasks and gives some good insights.