Kudos to Thornburg!! He blew outta Anderson because he knew they had no balls and were basically shills. He started Beacon and the guy is dead on and not afraid to go head-to-head with anyone!
He was recently at a conference with a panel of RE experts. One of the other panelists was representing NAR. Thornburg was the only one that told the guy he was full of crap and then took the guy apart. It was awesome. He had one line where he said,”Oh, yeah, I guess that would be ‘seasonally adjusted’ numbers!” He’s now my official RE investor hero!!!