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

Today, John and Dave talk about some short ideas for 2012. Dave explains how he approaches shorting and mentions that it's a great way to identify companies to avoid. And while he hasn't shorted any companies yet for his Trends and Trades Portfolio, he is looking at one in particular.

David Meier and John Reeves have no positions in the stocks mentioned above. The Motley Fool owns shares of Google,, and Best Buy. Motley Fool newsletter services have recommended buying shares of and Google and writing covered calls in Best Buy. 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.