Add all the ingredients for the spice paste in a blender or food processor (or mortar and pestle if you're feeling like a workout). The shallot and chili will give you enough moisture to be able to work with a blender but if it's not enough add a bit of coconut cream. Scrape down the sides and push towards the middle to help blend (careful not to touch the blade pls)
Heat up a large heavy pot (I used a Dutch oven) with 2 tablespoons of oil on medium high. Add the beef and brown on all sides.
After beef is browned removed from pot and set aside. Turn heat to medium low and add the remaining tablespoon of oil and spice paste. Stir frequently so it doesn't burn, until fragrant.
Add the coconut cream and scrape up the brown bits on the bottom of the pot from the beef and the spices until everything is incorporated.
Add the beef back in along with the lemongrass knots (see note, can add later), kaffir lime. Create a bouquet garnit by tying the cinnamon sticks, cloves, and star anise into a cheesecloth. Add to the pot, this makes it easier to fish them out later if you don't want a strong bite of star anise or clove.
Mix evenly and turn to low heat. Put the lid on the pot but leave it slightly uncovered so that it can evaporate slightly. Let it simmer slowly for 3~4 hours***, stirring periodically. The stew will start to brown. Take the lemongrass out halfway (unless you want to add it in the end) through.
After 3~4 hours, check to see if the meat is tender. Once it is tender take off the lid and turn the heat up to medium high. Stir frequently to make sure it doesn't burn. You're looking to evaporate any liquid that there is so that the meat will start to cook in its own fat & the sauce dries out. The color should be significantly darker.
Success! This is a very time consuming recipe but the results are amazing. Make sure to make a lot so it's worth it! Enjoy :)