If you break a stick at two points chosen uniformly, the probability the three resulting sticks form a triangle is 1/4. Is there a nice proof of this?

Here's what seems like the sort of argument you're looking for (based off of a trick Wendel used to compute the probability the convex hull of a set of random points on a sphere contains the center of the sphere, which is really the same question in disguise):

Connect the endpoints of the stick into a circle. We now imagine we're cutting at three points instead of two. We can form a triangle if none of the resulting pieces is at least 1/2, i.e. if no semicircle contains all three of our cut points.

Now imagine our cut as being formed in two stages. In the first stage, we choose three pairs of antipodal points on the circle. In the second, we choose one point from each pair to cut at. The sets of three points lying in a semicircle (the nontriangles) correspond exactly to the sets of three consecutive points out of our six chosen points. This means that 6 out of the possible 8 selections in the second stage lead to a non-triangle, regardless of the pairs of points chosen in the first stage.

Consider an equilateral triangle with altitude 1. It is not hard to show that if you choose a point randomly in this triangle, the distances to the three sides gives the same distribution of lengths that you obtain by breaking a stick at two random points. Now, the locus of points for which no distance is longer than 1/2 is the smaller equilateral triangle formed by joining the midpoints of the edges, which has area 1/4 that of the original triangle.

A triangle is possible iff no part is $>{1\over2}$. With probability ${1\over2}$ both cuts are on the same side of the midpoint $M$, in which case no triangle is possible. If the cuts $x$ and $y$, $\ x < y$, are on different sides of $M$ then with probability ${1\over 2}$ the point $x$ is further left in its half than $y$ is in the right half. In this case there is no triangle possible either. It follows that only ${1\over 4}$ of all cuts admit the forming of a triangle.