soft question - What's your favorite equation, formula, identity or inequality?

It's too hard to pick just one formula, so here's another: the Cauchy-Schwarz inequality:

||x|| ||y|| >= |(x.y)|, with equality iff x&y are parallel.

Simple, yet incredibly useful. It has many nice generalizations (like Holder's inequality), but here's a cute generalization to three vectors in a real inner product space:

||x||² ||y||² ||z||² + 2(x.y)(y.z)(z.x) >= ||x||²(y.z)² + ||y||²(z.x)² + ||z||²(x.y)², with equality iff one of x,y,z is in the span of the others.

There are corresponding inequalities for 4 vectors, 5 vectors, etc., but they get unwieldy after this one. All of the inequalities, including Cauchy-Schwarz, are actually just generalizations of the 1-dimensional inequality:

||x|| >= 0, with equality iff x = 0,

or rather, instantiations of it in the 2^nd, 3^rd, etc. exterior powers of the vector space.