My lay interpretation of this theory is that it says there was no beginning. But a cycling of a previous universe. I was a little unclear on the ending, where

My lay interpretation of this theory is that it says there was no beginning. But a cycling of a previous universe. I was a little unclear on the ending, where he says this theory would place our entire universe "inside" a black hole of a parent universe. All in all, it does seem to tie up some loose ends, and suggest some order to what previously required speculation.