Finely chop the onion, garlic, tomatoes, and bell peppers. Cut the beef into medium-sized cubes.
In a cauldron, heat the lard and sauté the onion until translucent.
Add the garlic, then the Hungarian sweet paprika, stirring quickly to prevent burning.
Add the beef, season with salt and pepper, and mix thoroughly. Let the beef release its juices, then simmer for a few minutes.
Add the chopped tomatoes and bell peppers, then pour in enough water to cover the beef.
Cook the pörkölt over low heat for 2-3 hours, stirring occasionally, until the beef is tender and the sauce has thickened.
Serve hot with fresh bread or nokedli (Hungarian dumplings), and offer pickles on the side.
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