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1
Special equipment: 2 large pieces of cheesecloth and kitchen twine
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2
Preheat the oven to 300 degrees F.
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3
In a Dutch oven, cook the bacon over medium-high heat until crisp; remove to a plate with a slotted spoon, leaving the fat in the pot.
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4
Season the beef with salt and pepper.
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5
Working in batches, place the beef in the pot in a single layer, sear until dark brown on all sides and remove to a plate.
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6
Reserve the fat in the pot.
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7
Place the pot over medium heat and whisk the flour into the reserved fat.
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8
Slowly whisk in the beef broth and bring to a simmer, stirring frequently, until thickened, 3 to 5 minutes.
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9
Return the beef and bacon to the pot.
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10
Cut 2 large pieces of cheesecloth and lay them on a clean work surface to form a cross.
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11
Pile the onion, carrots, garlic cloves, thyme, bay leaves, peppercorns and 10 parsley sprigs in the center.
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12
Gather the ends together to form a bundle and tie closed with kitchen twine.
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13
Place in the pot.
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14
Add the wine and tomato paste to the pot, cover and transfer to the oven.
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15
Cook until the beef is tender, about 2 1/2 hours.
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16
Remove and discard the cheesecloth bundle.
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17
Remove the beef to a plate.
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18
Bring the remaining liquid in the pot to a boil and cook until reduced by half, about 10 minutes.
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19
Reduce the heat to low and return the beef to the pot.
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20
Add the pearl onions.
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21
Melt the butter in a large skillet over medium heat.
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22
Add the mushrooms and saute until browned, about 5 minutes.
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23
Transfer to the pot.
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24
Garnish with the chopped parsley and serve.