Authentic voices. Remarkable stories. AOL On Originals showcase the passions that make the world a more interesting place.
Go behind the scenes with some of the biggest digital celebrities to see what life is like when the blogging and tweeting stops.
The story of punk rock singer Laura Jane Grace of Against Me! who came out as a woman in 2012, and other members of the trans community whose experiences are woefully underrepresented and misunderstood in the media.
Documentary shorts conceived of and directed by famous actors. Jeff Garlin, Katie Holmes, Alia Shawkat, Judy Greer, and James Purefoy
Park Bench is a new kind of "talking show" straight from the mind of born and bred New Yorker and host, Steve Buscemi.
Digital influencer Justine Ezarik (iJustine) is back. After covering the world of wearable tech last season, iJustine is expanding her coverage this year by profiling the hottest tech trends across the country.
A 12 episode documentary series following 5 startup companies competing in the 2013 San Francisco TechCrunch Disrupt Startup Battlefield as they fine tune their products and eventually present in front of a panel of judges in hopes of winning $50,000 in funding.
Enter the graceful but competitive world of ballet through the eyes of executive producer, Sarah Jessica Parker. This behind-the-scenes docudrama reveals what it takes to perform on the ultimate stage, the New York City Ballet. Catch NYCB on stage at Lincoln Center.
Nicole Richie brings her unfiltered sense of humor and unique perspective to life in a new series based on her irreverent twitter feed. The show follows the outspoken celebrity as she shares her perspective on style, parenting, relationships and her journey to adulthood.
Explore what it means to be human as we rush head first into the future through the eyes, creativity, and mind of Tiffany Shlain, acclaimed filmmaker and speaker, founder of The Webby Awards, mother, constant pusher of boundaries and one of Newsweek’s “women shaping the 21st Century.”
Gwyneth Paltrow and Tracy Anderson spend time with women who've overcome hardship, injury, and setbacks to triumph in the face of adversity.
Hank Azaria’s touching, humorous, and often enlightening journey from a man who is not even sure he wants to have kids, to a father going through the joys, trials and tribulations of being a dad.
ACTING DISRUPTIVE takes viewers inside the businesses and passion projects of Hollywood’s top celebrities.
Jeremy Glaser: For Morningstar, I am Jeremy Glaser. The Wall Street Journal recently named six Morningstar equity analysts Best on the Street, including Basili Alukos in the airline sector. I'm here today with Basili to discuss some trends of the industry and his favorite pack. Basili, thanks for joining me. Basili Alukos: Thank you for having me, Jeremy. Glaser: So let's talk a little bit about your outlook for airlines in 2012. What are some of the big trends that you think are going to be affecting investors in this space? Alukos: The biggest trend will be oil prices. Oil prices are extremely high. This is the first time that I've really ever seen the airlines actually have pricing power that has been able to offset the rising fuel prices. And I think that's a combination of all the capacity cuts that occurred during the recession and thereafter, as well as the consolidation and now most recently with the AMR bankruptcy. So now you have capacity tight, you have oil prices high, and airlines are actually able to get some pricing power. As a result profitability has done relatively well considering how much oil has increased from last year. Glaser: Now let's talk a little bit about consolidation. U.S. Airways is trying to buy AMR out of bankruptcy. You know is that a deal that you think is going to go through, and if it does what would be the impact across the entire industry? Alukos: As I think about the potential deal, to me it makes the more sense. U.S. Airways was a company I thought would run into trouble; it's actually done a phenomenal job cutting costs. But it's primarily a domestic airline, and I think it runs against tough competition with Southwest. So if U.S. Airways were to pair up with AMR, that gives the firm a strong international presence. It allows U.S. Airways to focus primarily on the domestic route, and I think it does create a formidable carrier. At the end of the day, capacity needs to come out of the system, but there needs to be the elimination of redundant costs, such as management costs and overhead costs. Then hopefully for the airlines' sake, once all of these costs have been removed, they may actually get close to earning their costs of capital. Glaser: It certainly sounds like management's focus on return on capital and actual return on capital numbers are getting a little bit better for the airlines, which is a bit of a change. Which airline do you think looks the most attractive today? Where would you put money to work? Alukos: Well, the one airline that historically actually did earn returns above its cost of capital is Southwest. As I look at the firm today, I still think it is attractive. It is trading [lower than my fair value estimate right now]. I think the main disconnect between where I think the company is worth versus what the Street thinks is the expectations for the merger with AirTran. It's taken a bit longer to actually integrate the two carriers. Southwest always flies Boeing 737s, and now you have AirTran which flies Boeing 717s. So it's bringing two airlines together. Mergers are complicated tasks, but the revenue opportunities at [Atlanta's Hartsfield-Jackson International Airport] alone I think are enough to generate the $400 million in synergies. When you combine that with potential cost cuts, Southwest will eventually start flying internationally. I think there is a lot of opportunity for Southwest. Glaser: It sounds like you love Southwest there. Basili, thanks for so much for joining me. Congratulations on the award. Alukos: You're welcome. Thanks for having me. Glaser: For Morningstar, I am Jeremy Glaser.