A bearing assembly for an anemometer configured to provide thrust and axial load protection and reduce exposure to potentially degradative debris and/or contaminants. The bearing assembly includes a first shaft and a second shaft and bearings, wherein the bearings are configured to rotate about at least the first shaft while enclosed within a portion of the second shaft. The second shaft is configured to isolate the bearings from any air flow through the anemometer and debris and/or contaminants carried therewith. The bearing assembly further includes a damping member configured to reduce forces imparted upon the bearings, thereby providing protection and preventing premature damage to the bearings from loads.