01Slice and Marinate the Beef
Slice and Marinate the Beef: Trim any exterior fat or tough connective tissue from the beef. Cut the meat across the grain into strips about ¼ inch thick and 2 inches long. In a large mixing bowl, whisk together the soy sauce, sherry, oyster sauce, water, cornstarch, sugar, black pepper, and ginger. Add the beef and massage the marinade into the strips for 30–60 seconds. Let the beef stand for 10–15 minutes. Just before cooking, add the 1 tablespoon of oil and toss for another 20–30 seconds until every strip is lightly coated.
02Prepare the Vegetables and Sauce
Prepare the Vegetables and Sauce: While the beef marinates, slice the mushrooms, cut the onion and bell peppers into even 1-inch pieces, and mince the garlic. In a separate bowl, whisk together the water, soy sauce, sherry, oyster sauce, cornstarch, dark soy sauce, and sugar. Whisk the sauce again immediately before adding it to the wok.
05Combine, Sauce, and Serve
Combine and Sauce the Stir-Fry: Return all of the beef and vegetables to the wok. Whisk the sauce once more and pour approximately three-quarters of it around the hot sides of the wok. Toss continuously for 45–60 seconds, until the beef is just cooked through and the sauce becomes glossy and clings to the ingredients. Add the remaining sauce only if the stir-fry needs it; there should not be a pool of sauce at the bottom.
Finish and Serve: Remove the wok from the heat. Drizzle with the sesame oil, sprinkle with the remaining black pepper, and toss thoroughly. Taste before adding any additional seasoning because the soy sauce and oyster sauce may provide enough salt. Spoon immediately over hot steamed rice.