- Peel the potato skins off with a peeler then grate the potatoes into thin slices. 
- Dice red bell peppers into bite size pieces and set aside. 
- Place a large iron skillet on low to medium heat and add 3/4 tablespoon of butter, swirling across the skillet surface. 
- Put remaining 1/4 tablespoon of butter in a smaller skillet for serving and set aside. 
- Once the butter in the large skillet has melted with no clumps, add the grated potatoes and red bell peppers in an even layer. Season with salt and pepper. 
- Caramelize grated potatoes stirring back and forth until the potatoes are cooked and slightly golden brown. 
- Transfer the potato mixture to the smaller skillet and create 3 pockets where the eggs will sit. 
- Carefully crack the eggs into the pockets. 
- Pop a lid onto the skillet and cook on low heat until egg whites are set. 
- Garnish with parsley and an additional sprinkle of salt and pepper. Serve warm.