Saying higher coolant temps looses power as an absolute is simply incorrect. It may or may not.
It will depend on what results from higher coolant temps. If it is a 'looser' engine that has increased the internal clearances, then there is a power gain from less friction. The oil thins out as temps increase & can reduce friction, increase hp. The power output of an engine like a 383/440 is far less likely to be affected by coolant temps because there is no coolant in the intake manifold to heat up the incoming air.