[crote]

> It seems like even top EE who specialize in board design utilize rules of thumb rather than rely on simulation.

Yup, almost 100% this. Most parts of most boards are pretty trivial, and the design decisions you make don't really matter all that much. Unless you're working at a company the size of Apple, it really doesn't make sense to spend several hours of engineering time to figure out if that $0.001 decoupling capacitor is really needed.

And in the end it's often a lot easier to just build the thing and test if it works. We see the same in programming: it's technically possible to mathematically prove that some programs are correct, but in practice you can get 99% of the way there for all programs in a fraction of the time by just writing a bunch of unit tests.

Simulation is definitely done, but it's limited to the really hard stuff like antenna design or high-speed signalling.