Tolerable length

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Financial cosmology
The JC’s guide to theoretical physics in the markets.™


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A theory of lexophysics that there is a limit to the sheer syntactical heft that a given lawyer can be arsed to wade through before “taking a view”. When you are confronted with standard terms for a settlement agency role, for example, which stretches to 35 pages of nine-point serif font, there will be a point where the probative value of indulging the pantomime of commercial negotiation is badly outweighed by its prejudicial effect on your sense of humour. This will arrive around page seventeen, on your thirteenth paragraph of denials of liability for things your counterparty would never, in an orderly universe