Given the head of a linked list, how do you determine if it loops? eg, an l-shaped list is easy to determine - you simply process each element in the list until you find one without a subsequent element. But what if it's a 9-shaped linked list? You'll never run out of elements, so the best you could seem to do would be to store a reference to each element and check against all references to see if you've found a duplicate.
There's a way to do it in O(1) space, though.
If you start off two runners in the list, and each "step" move one twice and the other only once, if there's a loop they will eventually run into each other and be processing the same element. Simple, elegant, and nothing I'd have ever thought of. :)