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.