Explanation of Bitwise NOT Operator

See two's complement for the representation of negative integers in many languages. As you can see, -2 is represented by 1111110; if you invert all those bits you get 0000001, i.e. a value of 1.

It helps if you look at it in binary.

First of all, as you know, negative numbers are expressed as (highest possible unsigned number plus 1 minus value). So -1 in a 16-bit integer, which has the highest unsigned value of 65535, would be 65536-1=65535, i.e. 0xffff in hex, or 1111 1111 1111 1111 in binary.

So:

1 in binary = 0000 0000 0000 0001

NOT on all bits would result in 1111 1111 1111 1110. That, in decimal, is 65534. And 65536 minus 65534 is 2, so this is -2.