I would love to be short Vistra (VST​​​​​​​). In fact, I shorted it yesterday, but I covered. Why? Because the quote is wrong!

Real wealth beats accounting tricks and paydowns aren’t a mechanical path to recession.

Dividend cutters have poor performance and higher risk; they reduce the amount of money in your pocket, and they are likely to continue down that slippery slope. There is almost never a good reason to add a dividend cutter to your portfolio.