$$x ^ { 2 } + 1 + \frac { 1 } { 4 x ^ { 2 } }$$
$\frac{\left(2x+\frac{1}{x}\right)^{2}}{4}$
$$\frac{\left(x^{2}+1\right)\times 4x^{2}}{4x^{2}}+\frac{1}{4x^{2}}$$
$$\frac{\left(x^{2}+1\right)\times 4x^{2}+1}{4x^{2}}$$
$$\frac{4x^{4}+4x^{2}+1}{4x^{2}}$$
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$\frac{\left(2x^{2}+1\right)^{2}}{4x^{2}}$