The Buddhist Priest Who Became a Billionaire Snubbing Investors

There is a stark contrast in the morale, work ethic and quality of work that my crew has compared to most other areas in my company. Treating my employees like people, being empathetic, supportive, open-minded and pushing them to grow and learn has done wonders. They love their jobs, they feel appreciated, and I have a lot less stress and worry than most other managers at my facility. It really doesn't even require that much effort on my part, other than being willing to listen when they need me to, and to make sure I'm guiding them down the right path. The rewards are so worth it.

A plummeting share price makes it easy to accumulate the stock and use the voting power to orchestrate a takeover of the management. Keeping your company's market cap high enough to avoid a takeover is a real thing. Beyond that, you're right, small moves in price mean nothing for the company short term.

The employees should be accountable to the management, and the management in turn should be accountable to the board which in turn they should be accountable to shareholders and believe it or not the General Assembly of shareholders can push for a vote of no confidence for the management and kick them out and elect a new board.

That's how accountability, transparency and good corporate governance work. If you see any reluctance, hesitation, or outright objections from management, that's a sign that there's something wrong with them and they're hiding something.

Also, his anti-shareholder rhetoric could jeopardize his mission as a CEO of the corporations he presides over as it would limit his option of raising capital on the open market esp in times of need because if you treat your shareholders like that and someday you that you need to finance a new project by tapping the equity market through issuing new shares, rest assured the existing shareholders will make you pay for every bad word you said about them while potential ones would be very skeptical of your intentions and ability to deliver due to your awful politics.

He simply is an excellent manager. He cut 1/3 of the workforce and began tracking hourly efficiency (presumably to the benefit of the company).

That he's a Buddhist priest is not central to the story.

Ya see, Buddhism is all about losing the non-essential. Everything is an illusion, everything is impermanent. Especially your job security. Upon receiving their pink slips, many were enlightened.