$$\lim_{x\to\infty} \bigg(\frac{x-1}{x}\bigg)^x = \frac{1}{e} $$
Is there any comfortable way to see that this is true?
The following thing occured to me: take log and use taylor series for $\log(1+x)$: $$\log(1-1/x)^x = x\log(1-1/x) = -1-\frac{1}{2x}-\frac{1}{3x^2}-... $$
If we take the $\lim_{ x\to\infty}$ it is pretty clear all the terms go to zero except the first one. This if log(something) is -1 then this something = $e^{-1} = 1/e$
Seems to work but doesn't help me "feel" it.
Appreciate your help/feedback!