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Consistent Compounders And The Antifragility Test

Some companies not only withstand uncertainty but benefit and emerge stronger, write Saurabh Mukherjea and Sudhanshu Nahta.

Waves crash onto rocks ahead of a tropical storm  in Puerto Rico. (Photographer: Gabriella N. Baez/Bloomberg)
Waves crash onto rocks ahead of a tropical storm in Puerto Rico. (Photographer: Gabriella N. Baez/Bloomberg)
Antifragility is a much-talked-about virtue these days. However, what are the sources of antifragility? Why are some companies antifragile whereas their competitors aren’t? Is antifragility an innate trait or can it be cultivated? We answer these questions in this article.
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