New Jersey deli Hometown International valued at $146m is a sign of irrational exuberance says hedge fund legend David Einhorn – The Australian Financial Review

Hedge fund legend David Einhorn has presented his choice for the new icon of irrational exuberance Hometown International.
If you havent heard of the company, thats probably because it operates a single store, Your Hometown Deli, in rural New Jersey. Your Hometown Deli is a delicatessen concept that will focus on providing high-quality food products not available in local supermarkets or take-out restaurants, the company said in its latest annual report.
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