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.

John Reeves does not own shares of the companies listed above. David Meier owns shares of Infinera. The Motley Fool owns shares of Under Armour, Infinera, MAKO Surgical, and Zipcar. Motley Fool newsletter services have recommended buying shares of MAKO Surgical, Zipcar, Under Armour, and Infinera. Try any of our Foolish newsletter services free for 30 days. We Fools may not 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.