3) obligatory xkcd https://xkcd.com/936/
On the other hand, while it's definitely feasible to take a wordlist and make random permutations of sticking words together, I think in general that sort of password is used less often.
100% Agree password managers are the way to go, but for people that aren't using them I would definitely suggest long/multiple random words together over short LEETspeek with special char number tacked onto the end style password.
https://github.com/NotSoSecure/password_cracking_rules https://github.com/praetorian-inc/Hob0Rules