Step 1: Boil and peel the potatoes. Cool off completely before the next step.
Step 2: When the potatoes are completely cool, in a large frying pan (NOT teflon!) cook the sugar on moderate heat until completely melted. This will take a while, but DO NOT STIR!
Step 3: Once the sugar is fully caramelized, add the butter and stir until the two are combined into a almost syrupy mixture. Add the potatoes and a little bit of water to the mixture. If the mixture starts to stiffen and form lumps, it's ok. Just turn up the heat and it will melt again. Slowly rock the pan to fully cover each potato with the syrup, continuing to cook for about 8-10 minutes.
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