Can you analyze the implications of the three options presented to investors in managing volatility?

The three options presented to investors for managing volatility have different implications. Option A) Accepting volatility as the price of returns means investors must be prepared for fluctuations in their investments, which could lead to potential losses but also high returns. Option B) Accepting lower returns with less volatility implies a more conservative approach, where the investor is not willing to take high risks and is content with steady, but lower returns. Option C) Trying to game the system to get returns without volatility is the riskiest approach. While it may lead to high returns if successful, it could also result in significant losses if unsuccessful.