"Rationality is not one of this industry's attributes"

This quote by Scott Hamilton recommends that the market he is describing is not identified by logical decision-making. This might imply that the market is vulnerable to making choices that are not based on truths or logic, however rather on emotion or impulse. It could likewise mean that the industry is closed to considering various point of views or opinions, and rather relies on a single point of view. This might lead to choices that are not in the very best interest of the industry or its stakeholders. Ultimately, this quote suggests that the market in question is not making choices in a reasonable manner, which this could have negative consequences for the industry in the long run.