Insperity: A High-Quality PEO Trading At A Cyclical Low (NYSE:NSP)

Core Viewpoint - Insperity (NSP) is a founder-led company with a strong net-cash balance sheet and a history of generating robust returns on capital while returning a significant portion of earnings to shareholders [1] Group 1: Company Overview - Insperity has historically demonstrated strong financial performance and capital efficiency [1] - The company has a net-cash balance sheet, indicating a solid financial position [1] Group 2: Investment Perspective - The author manages multiple portfolios that have outperformed the S&P 500 index since their inception in 2020, indicating a successful investment strategy [1] - The evaluation of companies is approached from a business perspective rather than merely as stock tickers, focusing on market mispricing opportunities [1]