It always intrigues Tony to see a person stick out his index finger in an attempt to establish the balance point of a cue...
You could take a very heavy piece of wood, 29” long and establish a balance point, and then a very light piece of wood, 29” long with a steel joint on one end and a steel weight pin on the other and establish the same identical balance point.
...Congratulations!! You’ve established a balance point. The question is - do you think these cues play the same? Finding the balance point tells you only where the balance point is. It does not reflect the distribution of weight in the cue.