Not quite a list of fallacies, but some words about how to do it well:

Me at eevblog: https://www.eevblog.com/forum/projects/location-and-value-of...

A discussion here a while back (not all of which I agree with): https://news.ycombinator.com/item?id=42830948

Few things for starters:

- you have to look at it in frequency domain as well;

- speed of light is too slow;

- often capacitors are inductors, even more so when mounted on PCB;

- capacitance is not what is written on the component.

I am teaching this to robotics and computer engineering MSc students. Quite nice intro book into the topic that I recommend to my students: https://www.oreilly.com/library/view/principles-of-power/978...