Alas for this argument, in a rational market, yields are the drivers of capital gains. The price of an asset goes up because the current owners are earning so much money that outsiders want in. The idea that people will keeping bidding up prices of an asset that makes no money is quixotic at best.
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In a rational market, we should see big price cuts this fall, especially as the last of the old models go on sale.
在正常的市场环境下，电子阅读器在今秋将会大幅降价，尤其是在上一种旧款阅读器进行促销时。
Almost everyone believed that the market was the most rational place on the planet, yet it failed in a magnificent way.
以前几乎所有人多认为市场是地球上最理性的地方，而现在它也受到了重创。
But rational individuals should not be prevented from indulging in the odd speculative wager, whether on a lottery ticket or in the housing market.
但是，无论是买彩票还是赌房，都不应该禁止理性的人小赌怡情。
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