Warren Buffett’s historic ride at Berkshire has taken the stock from $19 to $300,000

On this day in 1965, Warren Buffett took control of an ailing textile company named Berkshire Hathaway when its shares were valued at $19 each.

Regardless, Buffett would later admit the takeover was a mistake, saying in 2014 that “I found myself…invested in a terrible business about which I knew very little.” His shareholders would probably disagree with that assessment.

Here’s what the historic ride has looked like:

From 1964 to 2017, Berkshire has returned a mouthwatering compound annual gain of 20.9%, more than doubling the 9.9% on the S&P.

Here’s a look at the companies that have helped Buffett deliver:

At last check, shares of Berkshire Hathaway were up slightly to flirt with $300,000, while the Dow  was enjoying a triple-digit surge.