Is there a nice geometric, intuitive or picture proof as to why the easily algebraically provable identity $\cos(3 \theta) = 4 \cos^3(\theta)-3\cos(\theta)$ is true?
Note I'm not looking for a computational proof like the one linked to, more a proof without words or intuitive style proof, thanks.



Enhancing my diagram for the angle-sum formula (currently featured in Wikipedia) to use three angles will get you pretty close ...
Thus,
$$\begin{align} \cos(\alpha+\beta+\gamma) &= \cos\alpha \cos\beta \cos\gamma - \sin\alpha \sin\beta \cos\gamma - \sin\alpha \cos\beta\sin\gamma - \cos\alpha \sin\beta\sin\gamma \\ \sin(\alpha+\beta+\gamma) &= \sin\alpha \cos\beta \cos\gamma + \cos\alpha \sin\beta \cos\gamma + \cos\alpha \cos\beta \sin\gamma - \sin\alpha \sin\beta \sin\gamma \end{align}$$
With $\alpha = \beta = \gamma = \theta$, these become ... $$\begin{align} \cos 3\theta &= \cos^3\theta - 3 \sin^2\theta \cos\theta \\ \sin 3\theta &= 3\cos^2\theta \sin\theta - \sin^3\theta \end{align}$$ ... which the Pythagorean identity helps us rewrite as ... $$\begin{align} \cos 3\theta &= \cos^3\theta - 3 (1-\cos^2\theta) \cos\theta = 4\cos^3\theta - 3 \cos\theta \\ \sin 3\theta &= 3(1-\sin^2\theta) \sin\theta - \sin^3\theta = 3\sin\theta - 4\sin^3\theta \end{align}$$
Off-hand, I don't know of a diagram that goes directly from $\cos 3\theta$ to $4\cos^3\theta-3\cos\theta$.