That seems about right, except for the inferiority complex.

Magneto has always had a superority complex the size of a continent, and it leaks, making him see not only himself but all mutants as superior… to the point that in Marvel continuity he seems to have been the one to coin the term “homo superior” to refer to mutants as opposed to homo sapiens, or at least he was the first one to use it in the books, in the very first X-Men issue, in the second panel in which he ever appeared (in the real world the term was coined by Olaf Stapledon).