Not necessarily. A more general, yet more precise definition of investing might be, "Trading cashflows in a way that both parties find beneficial".
Those cashflows may be subject to (negotiated) differences in timing, risk of nonpayment, intrinsic uncertainty (most equities fall into this bucket), etc.
But at bottom it's all just cashflow.
This is a useful lesson to generalize about finance, in the larger sense. Don't think about "worth more". Just think of it as timed cashflows. Negative when you buy, positive when you sell or receive a dividend.
Those cashflows may be subject to (negotiated) differences in timing, risk of nonpayment, intrinsic uncertainty (most equities fall into this bucket), etc.
But at bottom it's all just cashflow.
This is a useful lesson to generalize about finance, in the larger sense. Don't think about "worth more". Just think of it as timed cashflows. Negative when you buy, positive when you sell or receive a dividend.