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

David Einhorn has presented his choice for the new icon of irrational exuberance – Hometown International, which runs just one delicatessen in New Jersey.

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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.
In Greenlight Capitals most recent investor…

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