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

Dave and John discuss the age-old tension between growth and value investing. Dave feels the difference between those two strategies is overstated. He prefers to look for great businesses with the ability to produce sustainable cash flow going forward. He has three companies in mind.

John Reeves and Dave Meier own shares of Apple. The Motley Fool has no positions in the stocks mentioned above. 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.