timtyler comments on Rationality is Systematized Winning - Less Wrong
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Wikipedia has this right:
"a rational agent is specifically defined as an agent which always chooses the action which maximises its expected performance, given all of the knowledge it currently possesses."
Expected performance. Not actual performance. Whether its actual performance is good or not depends on other factors - such as how malicious the environment is, whether the agent's priors are good - and so on.
Of course, this isn't the first time I have pointed this out - see:
http://lesswrong.com/lw/33/comments_for_rationality/
Nobody seemed to have any coherent criticism the last time around - and yet now we have the same issue all over again.