First, officers or directors of S&P500 companies are almost definitely above the income level to open a new Roth IRA.
Second, you're really grasping at straws here trying to trace a relatively minuscule investment through mutual fund in order to defend Thiel here.
Someone is saying "Bank robbers are bad because they steal other people's money" and you're sitting over here saying "Well technically when I pick up a penny on the ground, it's not mine. So it's basically the same thing. We have to find a solution that solves both problems at the same time".