Problem:
In the construction of the Riemann sphere, we begin with the sphere $\mathbb{S}^2$ with two charts:
the stereographic projection $\sigma_N : \mathbb{S}^2 \setminus \{N\} \to \mathbb{R}^2 \cong \mathbb{C}$ from the North pole, $N$, given by $$ \sigma_N (x_1, x_2, x_3) := \frac{(x_1, x_2)}{1-x_3}, $$
the stereographic projection $\sigma_S : \mathbb{S}^2 \setminus \{S\} \to \mathbb{R}^2 \cong \mathbb{C}$ from the South pole, $S$, given by $$ \sigma_S (x_1, x_2, x_3) := \frac{(x_1, x_2)}{1+x_3}. $$
Question:
How does one show that the transition function of the two charts is: $$\sigma_1 \circ \sigma_0^{-1} (z) = z^{-1}$$
Remark:
By elementary calculations we see that: $$\sigma_S(x_1,x_2,x_3)=\sigma_N(x_1,x_2,-x_3)$$ $$\sigma_N(x_1,x_2,x_3)=\sigma_S(x_1,x_2,-x_3)$$
Let the stereographic projection $\sigma_0 : \mathbb{S}^2 \setminus \{N\} \to \mathbb{C}$ from the North pole, $N$, be given by $$ \sigma_0 (x_1, x_2, x_3) := \frac{x_1 + ix_2}{1-x_3}, $$ and the stereographic projection $\sigma_1 : \mathbb{S}^2 \setminus \{S\} \to \mathbb{R}^2 \cong \mathbb{C}$ from the North pole, $S$, be given by $$ \sigma_1 (x_1, x_2, x_3) := \frac{x_1 - ix_2}{1+x_3} $$ (notice how the orientation has been reversed via complex conjugation). The inverse of $\sigma_0$ is given by $$ \sigma_0^{-1} (z) = \sigma_0^{-1} (u+iv) = \frac{(2u,2v,|z|^2-1)}{|z|^2+1}. $$ The computation now shows that indeed the transition function is $$ \sigma_1 \circ \sigma_0^{-1} (z) = \frac{1}{z}. $$
Notice moreover that $$ \sigma_1^{-1}(z) = \frac{(2u,2v,1-|z|^2)}{|z|^2+1}, $$ so a computation shows that $$ \sigma_0 \circ \sigma_1^{-1} (z) = \frac{1}{z^\ast}. $$