The following video is part of our "Motley Fool Conversations" series, in which industrials editor/analyst Brendan Byrnes and consumer goods editor/analyst Austin Smith discuss topics across the investing world.

In this series, Brendan and Austin take a look at the world's most valuable brands in 2011, according to Interbrand. Today, we look at the No. 16 through 20 most valuable brands in the world. Which companies on this list surprised us, and what does it mean for investors?

Austin Smith has no positions in the stocks mentioned above. The Motley Fool owns shares of Apple and Oracle. Motley Fool newsletter services recommend Apple. 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.