Is it true that ${1\over x}=1-x+x^2-x^3+\dots$?
It was used during a formal solution regarding big $O$ notation as if it were a fairly familiar identity, but there was nothing mentioned about area of definition and so. I myself have progressed relatively enough to have encountered that expansion at some point, I believe. Something in that equality seems somewhat confusing, and I can't seem to arrive at it using Taylor Expansions. It takes some ugly work to find a pattern of an expansion around a nonzero number.
Could you should shed some light on this please?
(I am sorry for all the tags: if I knew what area gives a simplified background to that identity, if true, I would tag it respectively.)