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Melt the butter in a stock pot over medium heat. Cook onions and garlic until soft. In another pan, brown the chunks of flank steak in 1 tablespoon of olive oil. As the steak is browning, add the paprika and water to the onion mix. After the steak has browned, add it to the onion mix and cover. Turn to low and simmer for 2 hours.
Add the potatoes at this point, and simmer an additional 45 minutes.
I've been known to add other seasonings to this, to taste. I love making this when I get fresh paprika from The Spice House. The drive is worth it.
This recipe was provided by Amy Gillette from Reynolds.