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This video tutorial demonstrates how to add a watermark to a chart in Excel or PowerPoint. The process involves creating the watermark in PowerPoint, formatting it as text in medium gray, rotating it 45 degrees, and then saving it as an image to use as the background of the chart. The example shows a text box with the word "confidential" written in bold gray text. To create the watermark, simply add a text box, format the text, and rotate it counterclockwise 45 degrees. Holding the shift key while rotating makes this task easier.