Answer
$x=1$ or $x=-1$
Work Step by Step
$y=f(x)=x+\displaystyle \frac{1}{x}=x+x^{-1} \\$
$f^{\prime}(x)=1-1\displaystyle \cdot x^{-2}=1-\frac{1}{x^{2}} \\$
$f^{\prime}(x)=0$ for ... (solve for x)$\\$
$1-\displaystyle \frac{1}{x^{2}}=0 \\\\$
$\displaystyle \frac{x^{2}-1}{x^{2}}=0\\\\$
$x^{2}-1=0\ \ \ \ $...recognize a differrence of squares$\\\\$
$(x+1)(x-1)=0\\\\$
$x=1$ or $x=-1$