The following video is part of our "Motley Fool Conversations" series, in which, David Meier, advisor, Million Dollar Portfolio, and John Reeves, analyst, discuss topics around the investing world.

In today's edition, John asks David whether it's fair to include Reed Hastings on a worst-CEO-of-2011 list. Dave doesn't think it is, arguing that Hastings was trying to do what he thought was right for the future of Netflix. The execution might not have been smooth, but David thinks the strategy was reasonable under the circumstances.

David Meier and John Reeves own no shares of the companies mentioned here. The Motley Fool owns shares of Yahoo! and Bank of America. Motley Fool newsletter services have recommended buying shares of Yahoo! and Netflix. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.