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In this Excel tips video tutorial, the presenter demonstrates how to quickly find and select cells with bold font formatting. Instead of manually selecting cells, the presenter shows a quick way to do this by using the Find and Replace function. By holding the Ctrl key and pressing F, the dialog box opens to allow the user to specify the specific format they want to find. By selecting a cell with the desired formatting and choosing "find all," the user can easily identify and select cells with bold font in a large dataset.