If you can, take the meat out of the fridge 30 minutes before prep time and let it come to room temperature.
Then, dab the meat with a paper towel.
Trim off any thick pockets of fat or silverskin.
Cut the meat into about 1 to 1 ½-inch cubes. Season with a few pinches of salt and pepper; set aside.
Turn on the instant pot or electric pressure cooker, press Sauté and adjust the button to the highest setting.
Cover the bottom of the pan with 2 tablespoons of olive oil.
When shimmering, add half of the reserved meat and sear undisturbed for about 5 minutes until browned at the bottom. Meanwhile, cut the vegetables while keeping an eye on the meat.
Remove the meat using a
kitchen tongue and transfer it to a plate.
Add the second half of the beef cubes. Sear undisturbed for about 4 - 5 minutes, or until browned at the bottom. Continue to finish up cutting the vegetables.
Then transfer the browned meat to the same plate containing the first batch of browned beef.
Heat 1 tablespoon of olive oil. Add the garlic and onions—Cook and stir for 2 minutes until fragrant.
Scrape any seared bits from the bottom of the pan while doing this.
Stir in the bouillon cubes, anchovy paste, molasses, and balsamic vinegar. Cook and stir for about two minutes to dissolve the bouillon cubes and let the flavors come together.
Add the potatoes and beet. Stir to combine. If you plan to add the beet greens, then stir them in at this point.
Add the seared beef and any collected juices from the seared meat.
Season with oregano, rosemary, and 2 teaspoons of salt and black pepper (about 15 turns with the pepper mill).
Stir to combine.
Add ½ cup of water.
Secure the lid and ensure the valve is set to lock/seal. Make sure the Keep Warm button is off.
Next, choose the Meat/Stew setting. It's a pre-programmed setting equivalent to cooking at High Pressure for 35 minutes (it will take about 7 to 10 minutes for the instant pot to come to pressure).
When done, quickly release any pressure. If you want to keep the food warm, you can turn on the Keep Warm setting at this point.
Carefully open the pressure cooker when ready to serve.
Season to taste with more salt and pepper, if preferred.
Garnish with chopped cilantro.