1 Prep ingredients: Cut beef into cubes, dice vegetables, and measure wine and broth.
2 Cook bacon: In a Dutch oven, brown bacon until crisp. Remove and set aside.
3 Brown the beef: Sear beef in batches until browned on all sides. Remove and set aside.
4 Sauté vegetables: Add onions and carrots; cook until softened. Stir in garlic and tomato paste.
5 Deglaze with wine: Pour in red wine, scraping browned bits from the pot. Simmer 5 minutes.
6 Add liquids and herbs: Add beef broth, thyme, and bay leaves. Return beef and bacon to the pot.
7 Simmer: Cover and simmer gently for 2½ to 3 hours, stirring occasionally.
8 Add mushrooms: In the last 30 minutes, sauté mushrooms in butter and stir into stew.
9 Finish & serve: Adjust seasoning, remove bay leaves, and serve hot over mashed potatoes or noodles.