It is indeed the best way to find them. At compile time, you get errors for all possible paths a program will take.
For dynamic languages like Ruby you will get an error only if the program takes a path through problematic code and then Ruby will flag the error. This means a runtime error could lie latent in your codebase for many more weeks and months. Only if a rare condition triggers a code path that contains the incompatibility. This is also why refactors in languages like Ruby are more difficult and conservative. As you're never sure you fixed everything.