Steps
1. Heat olive oil in a pot over medium heat.
2. Add beef cubes, season with salt and pepper, and brown on all sides.
3. Add onion and garlic; sauté until translucent.
4. Stir in tomato paste and cook for 1 minute.
5. Add carrot, potato, beef broth, thyme, and bay leaf.
6. Bring to a boil, then reduce heat and simmer for 45 minutes until beef is tender.
7. Remove bay leaf, adjust seasoning, and serve hot.