01 - Set the oven to 325°F to prepare for braising.
02 - Pat beef dry and season generously with salt and black pepper.
03 - Heat olive oil in a large Dutch oven over medium-high heat. Brown beef cubes in batches on all sides then transfer to a plate.
04 - Reduce heat to medium and add sliced onions, carrots, and celery to the pot; cook for 8 to 10 minutes until onions soften and begin to caramelize.
05 - Stir in minced garlic and tomato paste; cook for 2 minutes until fragrant.
06 - Return beef to the pot and pour in the red wine, bringing it to a simmer while scraping up browned bits from the bottom.
07 - Incorporate beef stock, bay leaves, and thyme; stir and bring mixture to a gentle simmer.
08 - Cover and transfer the pot to the oven. Braise for 2 to 2.5 hours until beef is fork-tender.
09 - Remove bay leaves and thyme sprigs; adjust seasoning with salt and pepper to taste.
10 - Plate the braised beef hot and garnish with fresh chopped parsley if desired.