After reading "Mathematics for physicists" by Susan M. Lea I encountered a subtlety that I can't turn my head around (p. 128). Consider function
$$f(z)=\frac{1}{z^2-1} = \frac{1}{2}\left[\frac{1}{z-1}-\frac{1}{1+z}\right]$$
which clearly has 2 simple poles at $z=\pm 1$. If we want to compute its Laurent series around $z=1$, we would get:
$$\frac{1}{1+z}=\frac{1}{2+(z-1)} = \frac{1}{(z-1)\left(1+\frac{2}{z-1}\right)}$$ $$=\frac{1}{z-1}\sum_{n=0}^\infty\frac{(-2)^n}{(z-1)^{n}}$$ and thus: $$\frac{1}{z^2-1} = \frac{1}{2}\left[\frac{1}{z-1}-\sum_{n=0}(-1)^n\frac{2^n}{(z-1)^{n+1}}\right] = \frac{1}{2}\sum_{n=1}^\infty\frac{(-2)^n}{(z-1)^{n+1}}$$
What I see here is an infinite number of negative powers of (z-1) and thus, I would be tempted to conclude that there is an essential singularity at this point. What prevents me from concluding this as it is clear that there is no essential singularity from the analytic function?