Step 1

Peel and slice (or cube) potatoes.

Step 2

Let soak for 5-10 minutes in ice water in a large mixing bowl. You may skip this step if you like.

Step 3

Drain well and pat dry - make sure they are VERY dry!

Step 4

Heat 1/4 cup peanut oil in a large skillet on medium high heat until it's shimmering and almost smoking.

Step 5

Add potatoes and let fry for about 2 minutes or until they start to get golden  on the bottom.

Step 6

Cover the pan and reduce heat to medium. Allow to steam for about 2 to 3 minutes.

Step 7

Remove cover and turn the heat back up to medium high. Flip the potatoes. Fry for a minute or two, or until the bottom layer begins to get golden.

Step 8

Dump the pan of potatoes into a colander over the sink to remove excess oil and moisture. Blot with a paper towel and return them to the pan on medium heat.

Step 9

Add the onion and peppers plus any seasonings you'd like on your potatoes.

Step 10

Saute, stirring occasionally, until potatoes are tender and done. Do not cover at this stage of frying because they will get soggy!

Step 11

Add the butter at the very end of cooking.

Step 12

Taste for seasoning and serve hot with plenty of cracked pepper.