Jeremy Grantham, Ray Dalio, and other elite investors are pounding the alarm on the Russia-Ukraine crisis. Here's what 10 of them have said about the conflict.

Financial markets and the global economy have been disrupted by Russia's invasion of Ukraine. Several top-flight investors warned that the crisis could cause inflation, plunge the US economy into recession, and even transform the world order.

The potential impacts of the crisis have been discussed by a number of people. Others, such as Warren Buffet and Charlie Munger, explained how they invest during times of upheaval.

Here's what 10 elite investors have said about Russia and Ukraine:

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Russia's invasion of Ukraine has complicated the global economic picture and has affected the outlook for financial markets.

The risk profile for everyone has gone up, because you can't rule out the Russians being crazy and irrational.

The conflict could hurt global growth and trade, accelerate inflation, and increase uncertainty for investors. He warned in a research note that sharp rises in the price of oil have always been followed by recessions. He said that surging food prices could endanger global stability.

The investor put his forecast on hold after he found a superbubble in asset prices.

There has never been a war thrown in the middle of a major bubble like this.

All bets are off when a war of this magnitude occurs.

"Shark Tank"/ABC

The horror of the situation in Ukranian was underscored by Kevin O'Leary, but he did not think it would have an impact on US stocks.

What impact is that going to have on S&P earnings? In an interview with the Project Wealth Academy, he said thatUkraine is not a factor in US GDP.

The investor on theShark Tank noted that US banks have little exposure to Russia. He described the country as a rogue nation led by an unusual individual who made a grave mistake.

If you look at the history of Putin, it ends badly for him.

REUTERS/Marc Cardwell

It doesn't do me any good, and it doesn't do the world any good, for me to talk about it.

During a CNBC interview in 2014, the famed investor and the CEO of the company warned that there could be unpredictable consequences from Russia's annexation of the peninsula.

Something has been put in motion, and it would be nice to see it come to an end.

In an interview with CNBC in the summer of 2014, Warren Buffet said that it was better to hold stocks than cash during war.

He said that the last thing he wanted to do was hold money during a war.

During the 2006 shareholder meeting, he noted that he generally avoids investing in Russia. He explained that a company he was involved with faced threats of violence and asset seizure when it tried to extract the oil from wells it had drilled in Siberia.

Lucas Jackson/Reuters

The Russia-Ukraine situation presented a fresh problem for investors.

The billionaire boss of Avenue Capital told Fox Business that more issues are not good for the economy and stock market.

The distressed-debt investor said that the Russia crisis was too unpredictable for him to bet on it.

Lasry said that you are taking a lot of risk by doing it. People need to be prepared for that.

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