A bearing system for a turbocharger comprising: a bearing housing having a first end and a second end, the bearing housing defining a central passageway and including a first shoulder and a second shoulder, the bearing housing defining first and second oil ports (46, 48); a first ball bearing received by the bearing housing, the first ball bearing comprising an angular contact bearing having a first inner race, a first outer race, and a plurality of first bearing balls, the first ball bearing positioned adjacent to the first shoulder; a second ball bearing received by the bearing housing, the second ball bearing spaced from the first ball bearing, the second ball bearing comprising an angular contact bearing having a second inner race, a second outer race, and a plurality of second bearing balls, the second ball bearing positioned adjacent to the second shoulder; a first spring positioned between the first shoulder and the first outer race of the first ball bearing and a second spring positioned between the second shoulder and the second outer race of the second ball bearing, the first and second springs (42, 44) each configured to preload the first and second ball bearings (22, 24), respectively; and a spacer positioned between the first and second ball bearings (22, 24) and engaging the first inner race and the second inner race, characterized in that the first and second ball bearings (22, 24) are clearance fit within the bearing housing, with the first and second oil ports (46, 48) configured to provide a squeeze film damper between the first and second ball bearings (22, 24) and the housing, respectively. a bearing housing having a first end and a second end, the bearing housing defining a central passageway and including a first shoulder and a second shoulder, the bearing housing defining first and second oil ports (46, 48); a first ball bearing received by the bearing housing, the first ball bearing comprising an angular contact bearing having a first inner race, a first outer race, and a plurality of first bearing balls, the first ball bearing positioned adjacent to the first shoulder; a second ball bearing received by the bearing housing, the second ball bearing spaced from the first ball bearing, the second ball bearing comprising an angular contact bearing having a second inner race, a second outer race, and a plurality of second bearing balls, the second ball bearing positioned adjacent to the second shoulder; a first spring positioned between the first shoulder and the first outer race of the first ball bearing and a second spring positioned between the second shoulder and the second outer race of the second ball bearing, the first and second springs (42, 44) each configured to preload the first and second ball bearings (22, 24), respectively; and a spacer positioned between the first and second ball bearings (22, 24) and engaging the first inner race and the second inner race, characterized in that the first and second ball bearings (22, 24) are clearance fit within the bearing housing, with the first and second oil ports (46, 48) configured to provide a squeeze film damper between the first and second ball bearings (22, 24) and the housing, respectively.