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In this Excel tutorial, the instructor demonstrates how to quickly find and select cells with bold font formatting. By using the Find and Replace feature, users can easily search for cells with specific formatting in a large data set. The process involves selecting the data set, pressing Ctrl + F to open the Find and Replace dialog box, clicking on the options button to specify the desired format, and then choosing a cell with the formatting to search for similar cells. By following these steps, users can efficiently identify and select cells with bold font formatting in their Excel spreadsheets.