The following video is part of our "Motley Fool Conversations" series, in which analyst John Reeves and analyst Jason Moser discuss topics across the investing world.

Adam Nash of Greylock Partners recently argued that the Dow would be over 15,000 if Apple was included in the index. He feels that this matters a lot, and he offers up several compelling criticisms of the index. John and Jason discuss this concept, and then offer up their thoughts about the usefulness of the Dow.

Every now and then, we come across a stock, like Apple, that has us so excited we can hardly contain our investing enthusiasm. We've uncovered one such pick with so much promise that we've dubbed it "The Motley Fool's Top Stock for 2012." We've created a special free report for investors to uncover this soon-to-be rock star. The report highlights a company that is revolutionizing commerce in Latin America, and you can get instant access to the name of this company by clicking here to download it now.