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

In this conversation, Dave talks about three things he has learned in 2011. He spends a lot of time talking about how he has developed his skills in examining management. We close by discussing how ordinary investors might develop their skills in the coming year.

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This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.