Drilling and Notching Joists, Studs and Plates is there a right way?

Drilling and Notching Joists, Studs and Plates is there a right way? Can you just drill a hole anywhere? Here is where you can and can't drill holes in framing. and we add in notching as a bonus.. Rich and Ron talk about drilling holes in the framing members and where you can drill them. And, can you notch a floor joist or stud? they cover that too.