That's true, in general, but, remember, everything's relative.
Given a 1500/2000 grit base plus a light to medium polish, a 1000/2000/4000 grit dull/matte finish will, in general, be slightly earlier, have slight less overall hook and have slightly less backend, while handling the same amount of oil.
The key phrase there is "in general". Because of the human factor, not everyone's "1500/2000 grit + light/medium polish" will be the same. Nor will everyone's "1000/2000/4000 grit dull/matte) be the same.
I mean, I've seen people do a "1500 grit + polish" result in such a high gloss that I couldn't duplicate it in a month of Sundays with a 6000 grit white Trizact pad and a dose of Secret Sauce.
To return to sanity,
one can sand a ball to 500 grit, then apply polish by hand lightly to produce a finish close to a 2000 - 2500 grit dull/matte sanded finish.
Further, one can apply a polish by spinner to that same 500 grit and produce a finish close to 4000 - 5000 grit dull/matte.
(FYI There are 5000 grit Trizact pads that will leave a dull looking finish.)
Between polishes, compounds and abrasive pads, you can produce a world of variations, keeping in mind that
- the more speed dominant or matched (speed and revs) you are, the less difference these gradations will mean to you.
- the more rev dominant you are, the more use you can make from these variations or gradations.