Perhaps it would make more sense to you if you substitute "enjoyment".

That just calls the same nonexistent thing by a different name. Even the verb, "to enjoy" does not label a thing that I am doing or being when I enjoy something.

Servant wrote:

People do find a definite thing common to all enjoyable experiences: they enjoy them.

but again, drawing a line around the set of things of which some statement is true does not amount to there being a thing that makes that statement true.

For example, the cholera bacterium is the thing that is present in every case of cholera, but sickness is not a thing that is present in every case of sickness.