diff --git a/algorithms/fibonacci/fibonacci.py b/algorithms/fibonacci/fibonacci.py
new file mode 100755
index 0000000..7cdf480
--- /dev/null
+++ b/algorithms/fibonacci/fibonacci.py
@@ -0,0 +1,16 @@
+#!/usr/bin/env python3
+# this shows the fibonacci sequence with basic recursion.
+# note that it gets very slow at the end due to the recursion
+
+
+def fibonacci(n):
+    if n == 1:
+        return 1
+    elif n == 2:
+        return 1
+    elif n > 2:
+        return fibonacci(n-1) + fibonacci(n-2)
+
+
+for n in range(1, 101):
+    print(n, ":", fibonacci(n))
diff --git a/algorithms/fibonacci/fibonacci_with_cache.py b/algorithms/fibonacci/fibonacci_with_cache.py
new file mode 100755
index 0000000..4519b07
--- /dev/null
+++ b/algorithms/fibonacci/fibonacci_with_cache.py
@@ -0,0 +1,27 @@
+#!/usr/bin/env python3
+# this introduces recursive fibonacci with a cache of recent function calls
+# this is introducing memoization: caching recent function call results
+
+fibonacci_cache = {}
+
+
+def fibonacci(n):
+    # If we have cached the value, then return it
+    if n in fibonacci_cache:
+        return fibonacci_cache[n]
+
+    # compute nth term
+    if n == 1:
+        value = 1
+    elif n == 2:
+        value = 1
+    elif n > 2:
+        value = fibonacci(n-1) + fibonacci(n-2)
+
+    fibonacci_cache[n] = value
+    return value
+
+
+for n in range(1, 101):
+    print(n, ":", fibonacci(n))
+
diff --git a/algorithms/fibonacci/fibonacci_with_lru_cache.py b/algorithms/fibonacci/fibonacci_with_lru_cache.py
new file mode 100755
index 0000000..ff2b331
--- /dev/null
+++ b/algorithms/fibonacci/fibonacci_with_lru_cache.py
@@ -0,0 +1,15 @@
+#!/usr/bin/env python3
+from functools import lru_cache
+
+@lru_cache(maxsize = 1000)
+def fibonacci(n):
+    if n == 1:
+        return 1
+    elif n == 2:
+        return 1
+    elif n > 2:
+        return fibonacci(n-1) + fibonacci(n-2)
+
+
+for n in range(1, 501):
+    print(n, ":", fibonacci(n))