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In this video tutorial, the speaker welcomes Cindy Dunn, the president of Secant Incorporated, and discusses the need for watermarks or plot stamps on drawings for confidentiality or review purposes. The plot stamp option provided is not very flexible, so the speaker demonstrates how to create custom watermarks. The first step is to create a layer for each potential watermark and adjust the transparency setting. The next step is to create a text style for the watermarks and then insert the watermark text with desired properties. Watermarks are created in paper space on layout tabs for better visibility.